Contacts
Lee & Associates
Lee & Associates
Property Details
- Property Type Retail
- Property Size 4,213 SF
- Lot Size 1.3 Acre
- Year Built 1980
- Date Updated Jun 27, 2025
Lee & Associates is pleased to present a newly renovated, net lease asset occupied by Arizona Financial Credit Union, strategically located in the prestigious Camelback Corridor of Phoenix, Arizona. This rare trophy asset offers investors a long-term, passive net lease to one of the state’s most prominent financial institutions, with a brand-new 15-year NNN lease.
Positioned at the high-visibility, signalized intersection of East Camelback Road and North 32nd Street, the property benefits from over 79,000 vehicles per day across critical north/south and east/west arterials. The site with full interior and exterior renovations, includes modernized drive-thru lanes, parking lot upgrades, and ATM installations—fully funded by the tenant, reflecting a strong long-term commitment to the location.
Located within the affluent Camelback Corridor—widely recognized as the “Wall Street of the West”—the property is surrounded by some of the wealthiest ZIP codes in Arizona, including Paradise Valley and Arcadia. The area features a dense and affluent demographic base with average household incomes exceeding $209,000 within one mile, supporting long-term value and stability.
The site is an outparcel to the high-traffic, Safeway-anchored Biltmore Plaza Shopping Center, which draws over 1.7 million annual visits, according to Placer.ai. This location benefits from exceptional exposure and visibility within one of Phoenix’s most established business and lifestyle hubs, just 15 minutes from Sky Harbor International Airport.
Reach out to the broker for more info on lease terms and amenities
Getting around
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63/100
Walk Score ®
-
40/100
Transit Score ®
-
53/100
Bike Score ®
Location
- City Phoenix, AZ
- Neighborhood Biltmore
- Zip Code 85016
- Market Phoenix
Points of Interest
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Campbell/ Central Ave
3.53 miles
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Central Ave/ Camelback
3.56 miles
-
Indian School/ Central Ave
3.62 miles
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Osborn/ Central Ave
3.85 miles
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Thomas/ Central Ave
4.02 miles
-
7th Ave/ Camelback
4.03 miles
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Encanto/ Central Ave
4.31 miles
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38th St/ Washington
4.39 miles
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24th St/ Washington
4.41 miles
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24th St/ Jefferson
4.47 miles
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Tesla Supercharger
0.77 miles
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Sinclair
1.03 miles
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Shell
1.04 miles
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QuikTrip
1.12 miles
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Circle K
1.17 miles
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Blink
1.76 miles
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Chevron
1.85 miles
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ChargePoint
3.63 miles
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Phoenix - North 19th Avenue Supercharger
5.00 miles
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Myrtle Tunnel Trail Head
2.70 miles
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Thomas Garage West
2.71 miles
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Lot E
3.19 miles
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Lot C
3.29 miles
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Lot D
3.38 miles
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Lot A
3.42 miles
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Lot B
3.44 miles
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4041 Central Plaza Garage
3.58 miles
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Park on Central Parking Garage
3.64 miles
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Light Rail Park-n-Ride
3.82 miles
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Matt's Big Breakfast
0.11 miles
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POMO Pizzeria
0.74 miles
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Seasons 52
0.75 miles
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Bisutoro
0.89 miles
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The Cheesecake Factory
0.92 miles
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Yellowbell
0.93 miles
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Adobe Restaurant
0.95 miles
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Chelsea's Kitchen
1.03 miles
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Giuseppe’s
1.07 miles
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North Fattoria Italiana
1.08 miles
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Safeway
0.09 miles
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Saks Fifth Avenue
0.85 miles
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Macy's
0.92 miles
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Sprouts Farmers Market
1.07 miles
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Ross
1.14 miles
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Trader Joe's
1.42 miles
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Whole Foods Market
1.42 miles
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Fry's Food and Drug
1.61 miles
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AJ's Fine Foods
1.63 miles
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Marshalls
1.71 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
