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Restaurant Space on Cave Creek
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15001-15025 N Cave Creek Rd, Phoenix, AZ

Second-generation restaurant space with high visibility and customization potential.

Space Size3,600 SF
Lot Size1.43 Acres
Days on Market870

Property Features for 15001-15025 N Cave Creek Rd

General Information

Standard status Active
Size 3,600 SF
Lot size 1.43 Acres
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood North Mountain

Spaces For Lease

at 15001-15025 N Cave Creek Rd
15019 N Cave Creek Rd $20/SF/Yr
Floor 1
Size 3,600 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Paradise plaza off cave creek now has 3,600 sf of available second-generation restaurant space ready to be customized to make a happening restaurant location. - The subject restaurant space offers prime visibility and accessibility off the heavily trafficked cave creek RD (29,012 VPD). With ample parking and proximity to surrounding businesses, it ensures a steady flow of potential customers. - There is potential for a huge patio and a customizable layout. - The location, which is a bustling area, presents an ideal opportunity for restaurateurs looking to establish or expand their business.
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Listing Agency: R.O.I. Properties
Listed By: Reuben Nach · License #SA687040000
Source: Moodyscre
Added: Jun 12, 2024 Changed: Oct 25 Last Checked: Oct 28 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R.O.I. Properties

Rey
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Investment Insights

Based on property information with market context.

Located in Paradise Plaza off Cave Creek Road, this 3,600-square-foot second-generation restaurant space is available for rent. The space offers customization options to create a restaurant location. Situated on heavily trafficked Cave Creek Road, which sees 29,012 vehicles per day, the property provides visibility and accessibility. Ample parking is available, and the location is near surrounding businesses, potentially ensuring a steady flow of customers. There is potential for a large patio and a customizable layout. This location presents an opportunity for restaurant owners looking to establish or expand their business.

Key Highlights

  • 3,600 SF Second‑Generation Restaurant Space: Ready for immediate customization.
  • Prime Visibility & Accessibility: Located directly off heavily trafficked Cave Creek Road (29,012 VPD).
  • High‑Traffic Location: Situated in a bustling area with strong business activity.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Nail Salon (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$21.72 /SF/Yr
Avg Asking Price
$6.26–$39.87 /SF/Yr
Price Range
13,823 SF
Avg Space Size

This space is priced 8% below the average of $21.72 /SF/Yr.

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025

Similar Off Market Nearby

  • Bored Baker Pizza Maker LLC — 2626 E Acoma Dr, Phoenix, AZ 85032
  • Magic Touch Catering — 15005 N Cave Creek Rd, Phoenix, AZ 85032
  • Wild Bunch Catering — Phoenix, AZ 85032
  • Bruce Brown Catering — Greenway Estates, 15258 Cave Creek Rd, Phoenix, AZ 85032

Frequently Asked Questions

What type of property is this?
Restaurant - Second-generation restaurant space with high visibility and customization potential.
Where is this restaurant located?
The property is located at 15001-15025 N Cave Creek Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 3,600 SF Second‑Generation Restaurant Space: Ready for immediate customization.; Prime Visibility & Accessibility: Located directly off heavily trafficked Cave Creek Road (29,012 VPD).; High‑Traffic Location: Situated in a bustling area with strong business activity.
(602) 881-4724 Call to check price and availability
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