9432 Cave Creek RdPhoenix, AZ 85020

Property Details for 9432 Cave Creek Rd

Year built

1959

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

2,527 SF

Zone code

C-3

Property type

Commercial real estate

APN

159-38-071A

APU

15938071A

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $472,306

  Hospitality

  $432,630

  Educational

  $359,943

  Medical

  $372,322

  Retail

  $559,912

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5724

Longitude

-112.06

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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