$2,100,000
$2,200,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
6210 E CAVE CREEK Road Cave Creek, AZ 85331
0.41 Acres Lot
Key Details
Sold Price $2,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Moon Ridge
MLS Listing ID 6963778
Sold Date 04/27/26
Year Built 1998
Annual Tax Amount $4,031
Tax Year 2025
Lot Size 0.412 Acres
Acres 0.41
Source Arizona Regional Multiple Listing Service (ARMLS)
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.
Location
State AZ
County Maricopa
Community Moon Ridge
Area Maricopa
Zoning TCC
Direction Head E on AZ-101 Loop E. Take exit 34 onto Scottsdale Rd and turn left. Continue straight onto N Tom Darlington Dr. Turn left onto E Cave Creek Rd. Destination will be on the right.
Interior
Heating See Remarks
Cooling Other
Flooring Other
Exterior
Parking Features Free
Fence Other, See Remarks
Roof Type Built-Up,Rolled/Hot Mop
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 211-08-033-A
Disclosures None
Financing Other
Read Less
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Bought with Non-MLS Office
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