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Cave Creek Plaza 2 Retail Properties Offered at $4,148,000 in Phoenix, AZ
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
Property Facts
| Price | $4,148,000 | Number of Properties | 2 |
| Price / SF | $195.49 / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 21,219 SF |
| Sale Type | Investment | Total Land Area | 1.37 AC |
| Status | Active |
| Price | $4,148,000 |
| Price / SF | $195.49 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,219 SF |
| Total Land Area | 1.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Cave Creek Plaza
16816 N Cave Creek Rd, Phoenix, AZ 85032 |
Retail | 14,839 SF | 1978 | - |
|
Cave Creek Plaza
16806-16872 N Cave Creek Rd, Phoenix, AZ 85022 |
Retail | 6,380 SF | 1978 | - |
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