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$1,400,000
12829 N Cave Creek Rd, Phoenix, AZ 85022
0 Beds
0 Baths
1,156 SqFt

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Stabilized asset with 2% annual rent increases. High visibility - frontage on busy Cave Creek Road with 26K VPD,near corner of E Cactus Road with 40K VPD. Dedicated monument signage on Cave Creek Road. Net lease with minimal Landlord responsibilities. National tenants in close proximity include: Circle K, O'Reilly Auto Parts, Dairy Queen, Sherwin Williams, Home Depot, andFirestone. Popular location: 12.9K annual visits in last 12 months perPlacer Ai. Rolberto's recently extended their lease in 2022 for an additional10 years. Dense suburban location: surrounded by Cactus Cave Creekand Chateau Theirry neighborhoods with 330K residents in a 5-mile radius
  • Price:
  • $1,400,000
  • Square Footage:
  • 1,156
  • Acreage:
  • 0.33
  • Year Built:
  • 1973
  • Listing ID #:
  • 6417926
  • Street Address:
  • 12829 N Cave Creek Rd
  • City:
  • Phoenix
  • State:
  • Arizona
  • Postal Code:
  • 85022
  • County:
  • Maricopa
  • Subdivision:
  • Cactus Gardens 4
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Ceiling Height:
  • 10.1 Feet To 12 Feet, 8.1 Feet To 10 Feet
  • Construction Description:
  • Frame - Wood, Stucco
  • Dwelling Type:
  • Commercial
  • Interior Features:
  • Other (see Remarks)
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 1156
  • Type Of Roof:
  • Foam
  • Year Built:
  • 1973
  • Net Operating Income:
  • 70000.00
  • Conforms To Zoning:
  • C-2
  • Existing Land Use:
  • Fast Food, Restaurant
  • Lot Square Footage:
  • 14262.00
  • Ownership:
  • Other (see Remarks)
  • Property Taxes:
  • $4,263
  • Fence:
  • See Remarks
  • Parking Description:
  • Free, Public Parking
  • Parking Spaces:
  • 12.00
  • Uncovered Parking Spaces:
  • 12.00
  • Cooling System:
  • See Remarks
  • Electricity:
  • Other (see Remarks)
  • Gas:
  • Other (see Remarks)
  • Heating:
  • See Remarks
  • Sewage Type:
  • Other (see Remarks)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Kenneth James Realty
  • ARMLS

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