Office for Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85016

Description

Welcome to 1661 E Camelback Rd, a prime commercial property offering unparalleled opportunities for your business. Situated in the highly sought-after Camelback Corridor, this location provides exceptional visibility and access. The property features spec suites ready for immediate occupancy, ideal for businesses seeking a seamless transition. Recent renovations have revitalized the common areas and restrooms, ensuring a modern and inviting environment. With prominent building signage and exposure along Camelback Road, your brand will capture attention in this dynamic business district. Additionally, tenants and guests will appreciate the convenience of the adjacent parking garage, providing ease and accessibility. Elevate your business presence at this prestigious address.

Market Context

This office in Phoenix, AZ is listed for lease. It has been on the market for 21 days. Compare it against other office listings for lease in Phoenix, AZ — <a href="/search/lease/office/arizona/phoenix">view the full market</a>.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per Consensus.

Unified Estimate

Low Confidence

$14.41/SF/mo – $19.49/SF/mo

Mid: $16.95/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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