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18409 N Cave Creek Road

Phoenix, AZ 85032
  • $4,850,000
  • STATUS: Closed
  • ON SITE: 424 Days
  • MLS #: 6346436
Sold - 09/07/2022
$4,850,000
SOLD - 09/07/2022
  • 0
    BEDS
  • 2.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,818
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1998
County:
Area:

School Ratings & Info

Description

Investors Opportunity. Here's a great investment opportunity for you or your investors. This rare 6.5% Cap Rate is in a desirable and great exposure area and a very busy center that's very convenient to the 101 Frwy. Residential area consists of 19,637 residents with in 1 Mile, 138,719 with in 3 miles and 496,314 with in 15 min drive. Great tenants with upside potential. Owner to guarantee rent paid for each month in default for the first year IF tenants defaults.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Maison DeBlanc Real Estate | My Home Group. Data last updated 2023-03-26T14:16:36.237.
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18409 N Cave Creek Road Phoenix, AZ 85032

  • Price: $4,900,000
  • Status: Closed
  • On Site: 424 Days
  • Updated: 33 min ago
  • MLS #: 6346436
0
Beds
0
Baths
0
½ Baths
2.16
Acres
19,818
SQFT
$0
$/SQFT
1998
Built
Neighborhood:
Pepper Ridge Plaza 2
County:
Maricopa
Area:
Phoenix
Property Description
Investors Opportunity. Here's a great investment opportunity for you or your investors. This rare 6.5% Cap Rate is in a desirable and great exposure area and a very busy center that's very convenient to the 101 Frwy. Residential area consists of 19,637 residents with in 1 Mile, 138,719 with in 3 miles and 496,314 with in 15 min drive. Great tenants with upside potential. Owner to guarantee rent paid for each month in default for the first year IF tenants defaults.
Exterior Features

Construction Block Covered Parking Spaces 0.00 Exterior Features Building SignCorner LotMonument SignSecurity Camera(S)Security Light(S) Fencing Block Freeway Highway Up To 1 Mile Parking FreePaved Parking Roofing FoamOther (See Remarks) Stories 1 Story Total Parking Spaces 300.00 Uncovered Parking Spaces 300.00

Interior Features

Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/C Flooring Ceramic TileConcreteOther Heating Other Interior Features Alarm SystemFinishedPrivate RestroomsSecurity Camera(S)Security Light(S)Security System

Property Features

Adjusted Gross Inc 0.00 Building Type Commercial Cross Street Cave Creek Rd And Union Hills Current Use Retail Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 1 Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 643.00 Traffic Count 25001 To 3500035001 To 5000050001 To 75000 Vacancy Allowance 0.00 Water City Franchise Zoning C-2

Arizona Regional MLS logo Listing provided by Re/Max Fine Properties: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Maison DeBlanc Real Estate | My Home Group. Data last updated 2023-03-26T14:16:36.237.
 
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