Contacts
Rick Mineweaser
Diamond Pacific Investments
Property Details
- Property Type Office
- Property Size 15,888 SF
- Lot Size 39,111 SF
- Additional Rent Contact for pricing
- Parking Spaces Avail. 64
- Parking Ratio 4.03 / 1,000 SF
- Building Class C
- Year Built 1987
- Date Updated Nov 4, 2024
• Located SWC of # Cave Creek Rd & Elbow Bend Rd • Cap Rate at 2024 Budget with 17% Vacancy = 5.5% • 516 Total Linear Feet of Street Frontage on 3 Streets • Cap Rate at 2024 Budget with lease up = 7.75-8% • A true Value Added Opportunity • Priced well below today’s replacement costs • 15,888 RSF building originally constructed in 1987 and continuously renovated with many upgrades today • 2023 Population Estimate: 1 Mile = 1,929 • 3 Miles = 14,626 • 5 Miles = 35,318 • 2023 Average Household Income: 1 Mile = $155,133 • 3 Miles = $156,363 • 5 Miles $161,997 • 2025 Population Projections by Drive Time: 10 min = 25,567 • 20 min = 94,771 • 30 min = 301,111 • Zoned “C” Commercial with 64 total parking stalls (4/1,000 RSF) on Site & per Easement on Tract B
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Reach out to the broker for more info on lease terms and amenities
Getting around
-
62/100
Walk Score ®
-
52/100
Bike Score ®
Location
- City Carefree, AZ
- Zip Code 85377
- Market Phoenix
Points of Interest
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Shell
0.32 miles
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Safeway
2.93 miles
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Chevron
3.06 miles
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Circle K
3.70 miles
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Superpumper
6.56 miles
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Trailhead Parking
2.86 miles
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Staff Parking
3.29 miles
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Visitor Parking
3.34 miles
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Student Parking
3.40 miles
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Jewel of the Creek Parking
4.66 miles
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Equestrian Staging Area
4.70 miles
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Overton & Slate Trailhead Parking
4.70 miles
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Spur Cross Ranch Conservation Area parking
4.71 miles
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Wildcat Pass Parking
6.21 miles
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Hampton Inn Carefree
0.09 miles
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Spirit in the Desert Retreat Center
0.09 miles
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CIVANA Wellness Resort and Spa
0.64 miles
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Boulders Resort & Spa Scottsdale
1.42 miles
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JW Marriott Phoenix Desert Ridge
9.97 miles
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Bashas'
0.18 miles
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Desert Donkey
0.29 miles
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Stagecoach Village
0.69 miles
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Safeway
2.90 miles
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Target
3.02 miles
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Walmart Supercenter
3.02 miles
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Sprouts Farmers Market
3.14 miles
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Fry's Food and Drug
3.71 miles
-
AJ's Fine Foods
3.78 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Rick Mineweaser
Diamond Pacific Investments
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