For Sale
$799,000

9432 Cave Creek Rd Phoenix, AZ 85020

Profitable Tire Shop, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity: a thriving tire shop in Phoenix, Arizona. This single-tenant, 2,527 square foot Class C industrial/mixed-use property is situated on a 0.15-acre lot (6,534 sq ft) at 9432 N Cave Creek Rd, 85020. The building, constructed over 60 years ago, features four bays, a lift strap, and office space, all within a single-story structure. Currently 100% occupied by a long-standing tenant under a NNN lease with rent bumps, the lease commenced June 1st, 2024, and expires June 1st, 2026, offering a remaining term of 1.5 years with lease options available. The asking price is $799,000, translating to $316.19 per square foot. The property boasts high visibility due to its 177-foot frontage on N. Cave Creek Rd and ample parking (5+ spaces). Zoned C-3 (Commercial & General Commercial), this property presents a strong return on investment with a stable, established tenant. The property's long history and prime location make it an attractive asset for discerning investors. Please note: Do not disturb the tenant.

Highlights

  • $799,000 asking price for a 2,527 SF auto shop in Phoenix, AZ.
  • NNN lease, single tenant, 100% occupancy.
  • 2-year lease commencing June 1, 2024, with rent bumps.
  • C-3 zoning, 6,534 SF lot, 177 ft of frontage on N. Cave Creek Rd.
  • Building features four bays, a lift strap, and office space; five+ parking spaces.
  • Established business in place for 60+ years.

Property Details for 9432 Cave Creek Rd

Property type
Retail properties, Mixed-use properties
Square Feet
2,527 SF
Class
C
Year Built
60
Buildings
1
Stories
1
Units
1

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.572304192684
Longitude
-112.05955341343

FAQs

What type of property is this?
Retail property - Profitable Tire Shop, High Visibility
Where is the retail property located?
The property is located at 9432 Cave Creek Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: $799,000 asking price for a 2,527 SF auto shop in Phoenix, AZ.; NNN lease, single tenant, 100% occupancy.; 2-year lease commencing June 1, 2024, with rent bumps.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9432 Cave Creek Rd
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