SQUARE FEET2,445
MLS#6963778
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONMOON RIDGE
Property Description
Located at 6210 E Cave Creek Road in Cave Creek, AZ, this property offers a prime 0.41-acre lot with a total of 17,960 square feet of land. The property is comprised of a gas station / convenience store with 2,425 SF improvements built in 1998.Positioned in a highly sought after corridor, the property benefits from strong visibility and long term demand for fuel and retail services. Current base rent of $10,416.67 per month delivers an in place NOI of approximately $125,000 annually, which is at the low end of market ranges for similar petroleum operators. Circle K is currently in one of their option periods, expiring May 2030, and Circle K has five additional five year options to renew at 10% annual increases.
Property Features
Property Type: Commercial - Retail
Cooling: Other
Fenced: Yes
Heating: See Remarks
Lot Size: 0.41 Acres
Roof Type: Built-Up, Rolled/Hot Mop
Taxes: $4,031
Year Built: 1998
Feature Descriptions
Days on Site: 105
Exterior: Concrete, Block, Wood Frame
Flooring: Other
Parking: Open
Water: City Franchise
Listed By / Shown By
Listed By
Agency Name: R.O.I. Properties
Agency Phone: 602-319-1326
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
6210 E Cave Creek Road | MLS# 6963778
This commercial property located at 6210 E Cave Creek Road, Cave Creek, AZ 85331 is currently listed for sale with an asking price of $2,200,000. Search Cave Creek real estate on www.arizonabest.com today.