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Cave Creek Plaza 16802 N Cave Creek Rd 21,219 SF 100% Leased Retail Building Phoenix, AZ 85032 $4,148,000 ($195.49/SF) 7% Cap Rate
Investment Highlights
- Shadow Anchored by Home Depot, AutoZone, & newly built Carl’s Jr. [NAP]
- 3 buildings
- Over 35% of GLA has been operating at the center for 10+ years
- Signalized Corner with a combined traffic count of 70,000+ VPD
- Includes National tenants: Boost Mobile & H&R Block
- Newly painted
Executive Summary
Introducing Cave Creek Plaza, shadow Anchored by AutoZone, Home Depot, & Carl’s Jr. [NAP].Located at the intersection of Bell Road and Cave Creek Road in Phoenix, Arizona, comprised of 3 buildings, ±21,246 SF shopping center situated on approximately 1.37 acres presents a highly attractive investment opportunity in one of the city’s most established and heavily trafficked retail corridors. The property benefits from exceptional visibility and access, with over 70,000 vehicles per day along Bell & Cave Creek Road, this center drives consistent exposure and consumer traffic. Over 35% of GLA has been operating at the center for 10+ years. National tenants: Boost Mobile & H&R Block. Marketing team: DMC Real Estate Inc. Designated Broker: Winnfort Myles, AZ License # BR520347000
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
21,219 SF
Year Built
1978
Price
$4,148,000
Price Per SF
$195.49
Cap Rate
7%
NOI
$290,356
Percent Leased
100%
Building Height
1 Story
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 10
Videos
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Photos
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Street
Map
Presented by
Cave Creek Plaza | 16802 N Cave Creek Rd
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