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6501 E Cave Creek Road, Cave Creek, AZ 85331,Cave Creek,Maricopa,Comm/Industry Sale
Comm/Industry Sale
Active
6501 E Cave Creek Road, Cave Creek, AZ 85331
6501 E Cave Creek Road, Cave Creek, AZ 85331,Cave Creek,Maricopa,Comm/Industry Sale
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
Details
Property ID
6760525
6760525
Property Size
15500 Sq Ft
15500 Sq Ft
Land Area
1.84 Square Feet
1.84 Square Feet
Year Built
2007
2007
Additional details
- BusinessType: Food Service,Retail,Restaurant,Mixed Use
- ConstructionMaterials: See Remarks,Frame - Wood,Stucco,Block
- Cooling: See Remarks,Heat Pump,Office A/C
- CoveredSpaces: 0
- CrossStreet: Cave Creek Rd & School House
- CurrentFinancing: Assume-Qualify,Balloon/Call Prvisn
- Directions: 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!
- Disclosures: Well Disclosure,Boundary Survey Avlb,None,Seller Prop Disc Stm
- DocumentsChangeTimestamp: 2024-09-22T01:55:31Z
- DocumentsCount: 1
- Electric: APS
- Fencing: See Remarks,Partial
- FinancialDataSource: Owner
- Flooring: Other,Concrete
- GrossIncome: 372000
- GrossScheduledIncome: 372000
- Heating: Other,Heat Pump,Natural Gas
- LeasableArea: 15500
- ListAgentHomePhone: 602-418-5079
- ListAgentKey: 20071208002118866697000000
- ListAgentMlsId: jy003
- ListOfficeKey: 20090908182325822087000000
- ListOfficeMlsId: ppry01
- ListingContractDate: 2024-09-04
- ListingKey: 20240722194920845130000000
- LotSizeArea: 80316
- LotSizeDimensions: irregular
- LotSizeSquareFeet: 80316
- MlsStatus: Active
- ModificationTimestamp: 2024-09-22T01:55:43Z
- NetOperatingIncome: 318000
- OnMarketDate: 2024-09-21
- OpenParkingSpaces: 105
- OperatingExpense: 16877
- OriginalEntryTimestamp: 2024-09-21T04:25:46Z
- OriginatingSystemID: M00000048
- OriginatingSystemKey: 20240722194920845130000000
- OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
- ParcelNumber: 216-06-275
- ParkingFeatures: Private Parking
- ParkingTotal: 105
- PhotosChangeTimestamp: 2024-09-21T02:25:47Z
- PhotosCount: 25
- PostalCity: Cave Creek
- PostalCodePlus4: 8683
- PublicSurveyRange: 4E
- PublicSurveySection: 27
- RoadSurfaceType: Dedicated Street
- Roof: Foam
- Sewer: Public Sewer
- SourceSystemID: M00000048
- SourceSystemKey: 20240722194920845130000000
- SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
- StateOrProvince: AZ
- StatusChangeTimestamp: 2024-09-21T02:25:46Z
- StreetDirPrefix: E
- StreetName: Cave Creek
- StreetNumber: 6501
- StreetSuffix: Road
- StructureType: Commercial
- TaxBookNumber: 216.00
- TaxLegalDescription: POR LOT 2 MCR 1332-33 AND PT SW4 SEC 27 DAF COM SE COR SD LOT 2 N 172.15F TH N 88D 54M W 169.77F TH
- TaxLot: 2
- TaxMapNumber: 6.00
- TaxYear: 2023
- Township: 6N
- VacancyAllowanceRate: 0
- VideosCount: 0
- WaterSource: City Franchise,Domestic Well
- Zoning: CC
- ListAgentFax: 480-945-7756
- ListAgentFirstName: Jeff
- ListAgentLastName: Yaeger
- ListAgentPreferredPhone: 602-418-5079
- ListOfficeEmail: jheckelaz@yahoo.com
- ListOfficeFax: 602-702-5218
- ListOfficeName: Property Management Real Estate
- ListOfficePhone: 623-486-5800
- ListOfficeURL: http://www.pmresaz.com
- ContractStatusChangeDate: 2024-09-20
- TaxAnnualAmount: 16877
- InternetConsumerCommentYN:
- InternetAutomatedValuationDisplayYN:
- CapRate: 6.06
- StreetNumberNumeric: 6501
- ListAgentFullName: Jeff A Yaeger
- InternetAddressDisplayYN: 1
- NumberOfBuildings: 3
- InternetEntireListingDisplayYN: 1
Address
- Address Cave Creek
- City Cave Creek
- State/county Maricopa
- Zip/Postal Code 85331
- Area La Kanza Plaza at Red Truck
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