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Courtesy of Property Management Real Estate, Jeff A Yaeger Listing Contact: 623-486-5800 
0 Baths
15,500 sqft

$4,500,000

6501 E Cave Creek Road, Cave Creek AZ, 85331

Price per sqft$290.32
Built in2007
Property size15,500 sqft
Property typeCommercial

Overview

Sold

Closed

Listed Sep 21, 2024

Updated Jun 19

Mixed use custom built retail complex with 3 bldgs in center of Cave Creek. Owner occupies 2/3 of the complex with 3 of it's businesses. The Hair Salon and Grotto Cafe are under 3rd party leases. CAP rate represents below market rates for owner's leases. All leases are modified gross at $24/ft, multi-year. Property is an extraordinary, custom built complex with unique features and grounds that make it the nicest property in Cave Creek. This would be highly desirable for an owner occupant looking for a retail location complemented by several solid tenants in place. $3 million assumable loan at 3.5% available. Financials, expenses, & leases available with acceptable LOI. Please do not talk with tenants

Additional information

MLS® ID
6760525

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.84 Acres

Other Property Details

Taxes
$17,281
Tax Frequency
Annually

Courtesy of Property Management Real Estate, Jeff A Yaeger

Listing Contact: 623-486-5800 

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