6245 E Cave Creek Rd
Cave Creek, AZ 85331
Frontier Town · Retail Property For Sale

ABOUT THE PROPERTY: Prime 6.02 Acres of Commercial Redevelopment or Expansion Frontier Town, a prime 6.02-acre property nestled across three parcels, all included in the sale, in the charming town of Cave Creek, AZ is for sale. A destination location and under the same ownership since 1971, it is a cornerstone of community life, hosting over a dozen retail tenants and offering a diverse array of goods. It is a canvas for redevelopment, or a major expansion. There is a 100% occupancy rate with two additional units coming soon and increasing the property's Net Operating Income (NOI). Fronting to Cave Creek Road, the primary road through town, Frontier Town enjoys proximity to notable destinations like the CIVANA Wellness Resort and Spa & the prestigious Desert Mountain Golf Club. The surrounding trade area is a retail haven, featuring major brands like Fry's Marketplace, Home Depot, Lowe's, CVS, Walmart, Auto Zone, Big O Tires, Burger King. Additional retail brands include the following: Chipotle, Dunn-Edwards Paint, Dutch Bros, Firehouse Subs, Jiffy Lube, Mod Pizza, Sprouts Farmer's Market, Starbucks, Tractor Supply, and many others. Within a 10-minute radius resides the two-year old 31,500 SF Abrazo micro-hospital, reflecting a commitment to health and well-being in the community. As the area experiences new construction, high-end single-family residential communities and condos catering to diverse lifestyles. Entrepreneurs, developers, and visionaries alike are called to transform its legacy and contribute to the vibrant narrative of Cave Creek's future. The Town of Cave Creek desires to work with owners and developers and encourages a wide mix of uses under this zoning. Review the Offering Memorandum and links to the town's websites and useful documents. ABOUT THE TOWN: Cave Creek, Arizona, is a small town of about 5,000 people and it is situated in Maricopa County, just about 20 minutes north of Scottsdale. To its west is the city of New River and to its east is the city of Carefree. It's known for its rich history in getting a start as a mining camp (and then later as a stagecoach stop). Residents love how the town blends its Western roots with modern amenities. The town's demographics show a well-educated community, and a blend of professionals, artists, and outdoor enthusiasts. The median home price in Cave Creek, AZ, tends to be higher than the national average, currently at $872,500 for a single family home. The median household income is projected to increase from $120k to $146k by 2028. There is a diverse range of homes, from ranch-style homes to luxury estates, which all reflect the town's demand for diverse housing options and unique lifestyles. Cave Creek is also known for its scenic landscapes, nestled in the foothills of Black Mountain, as well as stunning desert hiking trails and recreational opportunities. Residents and visitors alike can explore the scenic beauty of the nearby Tonto National Forest and the Sonoran Desert, making Cave Creek a destination that seamlessly combines history, nature, and a distinctive Western atmosphere.