224-612-2332
NEC Carefree Hwy & Cave Creek Rd, Cave Creek, AZ for Sale
Office - FOR SALE
1/1
null | Request Cap Rate

Jan '26


NEC Carefree Hwy & Cave Creek Rd
Cave Creek, AZ 85331


HIGHLIGHTS

  • Prime ±23.32-acre development at Carefree’s busiest intersection
  • Projected 10–12% population growth by 2027
  • Average household income over $190,000 within 5 miles

OVERVIEW

Positioned at the high-traffic intersection of Carefree Highway and Cave Creek Road, Carefree Quarter presents a rare opportunity to acquire prime retail pads within a ±23.32-acre master-planned development in the heart of Carefree, Arizona. This dynamic project is designed to meet the growing demand for retail, dining, and service amenities in a region experiencing rapid residential and income growth. With zoning in place for commercial use and flexible options for sale, ground lease, or build-to-suit, investors and developers can tailor their vision to meet market demand. The site is strategically located just 20 miles east of Interstate 17 and benefits from a combined traffic count exceeding 45,000 vehicles per day. The surrounding area boasts strong demographics, with average household incomes surpassing $190,000 within a 5-mile radius and a projected population growth of 10–12% by 2027. The development is surrounded by national retailers including Sprouts Farmers Market, Lowe’s, Walmart, CVS, and Tractor Supply Co., ensuring a steady stream of consumer traffic. With a conceptual site plan that includes over 96,000 square feet of retail and restaurant space, plus a 27,750-square-foot two-story office building, Carefree Quarter is poised to become a cornerstone of the community. This is a compelling opportunity to secure a position in one of Arizona’s most desirable and affluent suburban markets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office 1

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

-

SPRINKLERS

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PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C - commercial

APN/PARCEL ID

211-47-204A

ASK ABOUT THIS PROPERTY

Marti WeinsteinDiversified Partners, LLCMore Info
224-612-2332

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Marti WeinsteinDiversified Partners, LLCMore Info
224-612-2332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.