About The Property

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 availableRead MoreRead Less
Courtesy of Property Management Real Estate 623-486-5800
Listing Snapshot
Days Online
123
Last Updated
Property Type
Other
Lot Size
1.84 Acres
Year Built
2007
MLS Number
6760525
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Building
Built in 2007, Living area: 15500, Construction materials: "See Remarks", "Frame - Wood", "Stucco", "Block"
Cooling
"See Remarks", "Heat Pump", "Office A/C"
Fence
"See Remarks", "Partial"
Floors
"Concrete"
Heating
"Heat Pump", "Natural Gas"
Lot
1.84 acres, 80,316 sqft
Parking
"Private Parking", 105 total parkings
Property
Zoning: CC
Roof
"Foam"
Sewer
"Public Sewer"
Taxes
Annual amount: $17,281, Lot: 2
Utilities
"APS"
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30 Days Snapshot Of 85331
$1,091k
0%
(avg) sold price
27
-41%
homes sold
77
-21%
(avg) days on market
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