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    21043 Cave Creek Rd Phoenix, AZ 85024

    For Lease
    Contact for pricing

    Phoenix Medical Retail Space Available

    Lot size:
    41,000 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    298
    This exceptional 41,000 square foot Class B medical retail center, built in 2000 and renovated in 2015, presents a unique investment opportunity in Maricopa County. Situated on a 5-acre lot with convenient access to Loop 101, the property boasts 18 suites, offering flexible space options ranging from a minimum of 1,340 square feet to a maximum contiguous space of 5,257 square feet. Currently, 6,597 square feet are available for lease, providing immediate occupancy potential for multiple tenants. The center benefits from ample parking with 40 spaces and prominent monument signage, ensuring high visibility and attracting a substantial customer base. The location is strategically positioned on Cave Creek Road, near Phoenix, Arizona, within a thriving area characterized by high average household incomes exceeding $75,000 within a 3-mile radius. This prime location, combined with the presence of established national and local tenants, creates a robust and attractive environment for new businesses. The property's blend of established tenancy and available space offers a compelling opportunity for growth and expansion within a dynamic market. The single building structure provides efficient management and streamlined operations.

    Property Features for 21043 Cave Creek Rd

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    2000/2015
    Buildings
    1

    Unit(s) available at that property

    Space
    Next to Dominos Pizza
    Size
    1,340 SF
    Space
    Suite next to Sushi Restaurant A-9B
    Size
    2,337 SF
    Space
    Suite next to Dentist
    Size
    2,920 SF

    HighLights

    • 41,000 SF medical retail building with 18 suites.
    • Spaces available ranging from 1,340 SF to 5,257 SF.
    • Located in Maricopa County, near Loop 101 and Cave Creek Road.
    • 5 acres of land with 40 parking spaces.
    • Built in 2000, renovated in 2015; Class B construction.
    • 6,597 SF currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brian Stevens - State ... Auto Insurance Agency Quiznos Sandwich Shop Fancy Nails Nail Salon Azco Properties LLC Real Estate Agency Moonstone & Muro Hair ... Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.03053048807
    Latitude
    33.679066272058

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    FAQs

    What type of property is this?
    Medical space - Phoenix Medical Retail Space Available
    Where is this medical space located?
    The property is located at 21043 Cave Creek Rd Phoenix, AZ.
    What are key features of this property?
    This property features: 41,000 SF medical retail building with 18 suites.; Spaces available ranging from 1,340 SF to 5,257 SF.; Located in Maricopa County, near Loop 101 and Cave Creek Road.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21043 Cave Creek Rd Phoenix, AZ 85024
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