Camel 19 Office Park

• Significant Value-Add Opportunity – The property is currently 66% occupied, providing investors with immediate upside through leasing approximately 4,260 SF of vacant space while increasing occupancy and overall cash flow.
• Below Replacement Cost Basis – Offered at $147/SF, the acquisition provides investors the opportunity to purchase a well-located medical office asset at a substantial discount to today’s replacement cost in an infill Phoenix location.
• Mark-to-Market Leasing Opportunity – Existing leases provide the ability to capture higher rental income through future renewals and lease-up of vacant suites, creating meaningful NOI growth over the investment hold period.
• Flexible Multi-Tenant Asset – The ±12,560 SF building is configured to accommodate a variety of office users, allowing investors to lease suites individually or appeal to an owner-user seeking a centrally located Phoenix office.
• Owner-User Flexibility – With approximately 34% of the building currently vacant, the property presents an excellent opportunity for an owner-user seeking immediate occupancy while benefiting from income generated by the existing tenants. The multi-tenant layout also provides long-term flexibility to expand operations, lease excess space, or transition the asset to full occupancy over time.
• Premier Midtown Phoenix Location – Camel 19 Office Park is strategically positioned along 19th Avenue just north of Camelback Road with immediate access to I-17, the Valley Metro Light Rail, Downtown Phoenix, and the Camelback Corridor, one of the Valley’s most established employment centers.
• Strong Infill Demographics – The property serves a dense urban population of more than 206,000 residents within three miles, supported by continued residential growth and redevelopment throughout Midtown Phoenix.
• Growing Employment Base – The surrounding area benefits from major employment drivers including Grand Canyon University, numerous healthcare providers, government offices, and Downtown Phoenix, creating a diversified tenant demand base.
• Transit-Oriented Accessibility – The property offers excellent regional connectivity with frontage on 19th Avenue, proximity to Camelback Road, Interstate 17, and nearby Valley Metro Light Rail stations, providing convenient access for tenants and employees.
• Neighborhood Revitalization – Continued investment in Midtown Phoenix, including new multifamily developments and nearby retail amenities, continues to strengthen the long-term fundamentals of the surrounding office market.