Lee & Associates presents a rare trophy asset in Phoenix's prestigious Camelback Corridor: a newly renovated, net-leased property occupied by Arizona Financial Credit Union. Investors can secure a long-term, passive investment with this brand-new 15-year NNN lease from one of Arizona's leading financial institutions.
This prime location at the highly visible, signalized intersection of East Camelback Road and North 32nd Street captures over 79,000 vehicles daily. Arizona Financial Credit Union's full interior and exterior renovations, including modern drive-thru lanes and ATM installations, were fully funded by the tenant, demonstrating their strong, long-term commitment to the site.
Situated in the affluent "Wall Street of the West", this property is surrounded by Phoenix's wealthiest ZIP codes like Paradise Valley and Arcadia. It benefits from a dense and affluent demographic base, with average household incomes exceeding $209,000 within one mile, ensuring long-term value and stability.
As an outparcel to the high-traffic, Safeway-anchored Biltmore Plaza Shopping Center (drawing over 1.7 million annual visits), this location offers exceptional exposure in one of Phoenix's most established business and lifestyle hubs, just 15 minutes from Sky Harbor International Airport.