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$5,250,000

Est. payment - /mo

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1.84 Acres Lot

Active

6501 E Cave Creek Road Cave Creek, AZ 85331

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Sheri Spirek

sheri@sherispirek.com +1(480) 316-0016

UPDATED:

09/22/2024 01:55 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision La Kanza Plaza At Red Truck

MLS Listing ID 6760525

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2007

Annual Tax Amount $16,877

Tax Year 2023

Lot Size 1.844 Acres

Acres 1.84

Lot Dimensions irregular

Property Description

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. Owner willing to negotiate new leases and rates for its businesses. 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 contact tenants

Location

State AZ

County Maricopa

Community La Kanza Plaza At Red Truck

Zoning CC

Direction Take Cave Creek Rd north of Carefree Hwy to 4 way stop at School House Rd. Continue East on Cave Creek Rd to the second set of buildings on the right or south side. Look for the Red Truck!

Interior

Heating Other, Heat Pump, Natural Gas

Cooling See Remarks, Heat Pump, Office A/C

Flooring Other, Concrete

Exterior

Garage Private Parking

Fence See Remarks, Partial

Waterfront No

Roof Type Foam

Present Use Restaurant,Mixed Use,Retail,Food Service

Parking Type Private Parking

Total Parking Spaces 105

Building

Dwelling Type Commercial

Sewer Public Sewer

Water City Franchise, Domestic Well

Others

Senior Community No

Tax ID 216-06-275

Listed by Property Management Real Estate

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Sheri Spirek

REALTOR® | BRSA645109000

+1(480) 316-0016

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