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$4,500,000
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Property Description
Mixed use custom built retail complex with 3 bldgs in center of Cave Creek. Owner occupies 2/3 of the complex with 3 of it's businesses. The Hair Salon and Grotto Cafe are under 3rd party leases. CAP rate represents below market rates for owner's leases. All leases are modified gross at $24/ft, multi-year. Property is an extraordinary, custom built complex with unique features and grounds that make it the nicest property in Cave Creek. This would be highly desirable for an owner occupant looking for a retail location complemented by several solid tenants in place. $3 million assumable loan at 3.5% available. Financials, expenses, & leases available with acceptable LOI. Please do not talk with tenants
Full Property Details
Full Property Details for 6501 E Cave Creek Rd
General
- Sold For: $4,500,000
- Taxes: $17,281 (2024)
- Status: Closed
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6760525
- Added to Site: 483 day(s) ago
Business
- Business Type: Mixed, Food Service, Retail, Restaurant
Interior
- Flooring: Other, Concrete
Parking
- Parking Features: Private
Location
- County: Maricopa
- Township: 6N
- Subdivision: La Kanza Plaza at Red Truck
- Cross Streets: Cave Creek Rd & School House
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: See Remarks, Heat Pump, Office A/C
- Heating Type: Other, Heat Pump, Natural Gas
Utilities
- Water: City Franchise, Domestic Well
- Well: Yes
Structural Information
- # Buildings: 3
- Structure Type: Commercial
- Exterior Const.: Wood Frame, Other, Stucco, Block
- Roof: Foam
- Year Built: 2007
Lot Features
- Lot Size (Acres): 1.84
- Lot Size (Sq. Ft.): 80,316
- Lot Dimensions: irregular
- Zoning: CC
- Fencing (Description): See Remarks, Partial
Financial Considerations
- Tax Amount: $17,281
- Tax Year: 2024
Disclosures and Reports
- Legal Description: POR LOT 2 MCR 1332-33 AND PT SW4 SEC 27 DAF COM SE COR SD LOT 2 N 172.15F TH N 88D 54M W 169.77F TH
- Property ID: 216-06-275
- Range: 4E
- Section: 27
- Lot Number: 2
Listed by Property Management Real Estate
Sold by AZ Brokerage Holdings, LLC
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Schools
Schools serving 6501 E Cave Creek Rd
School District:Cave Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Black Mountain Elementary School, Scottsdale, AZ 33606 N 60th St, Scottsdale, AZ 85266 | PK-6 | 3 mi |
Cactus Shadows High School 5802 E. Dove Valley Rd., Scottsdale, AZ 85266 | 9-12 | 3.3 mi |
Sonoran Trails Middle School 5555 East Pinnacle Vista Drive, Phoenix, AZ 85085 | 7-8 | 7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6501 E Cave Creek Rd
Date
Details
Price
Change
Source
8/13/2025
Sold
$4,500,000
-6.23%
MLS
1/04/2025
Price Reduced
$4,799,000
-8.59%
MLS
9/20/2024
Listed
$5,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6501 E Cave Creek Road, Cave Creek, AZ 85331 (MLS# 6760525) is a Commercial property that was sold at $4,500,000 on August 13, 2025. Want to learn more about 6501 E Cave Creek Road? Do you have questions about finding other Commercial real estate for sale in Cave Creek? You can browse all Cave Creek real estate or contact a Coldwell Banker agent to request more information.

