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 available with acceptable LOI. Please do not talk with tenants
See Remarks, Heat Pump, Office A/C
See Remarks, Frame - Wood, Stucco, Block
Property Management Real Estate
Date | Details | Change |
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Price Reduced from $5,250,000 to $4,799,000 |
Property Management Real Estate.
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Listing information last updated on March 10th, 2025 at 9:30pm MST.