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    5400 E Carefree Hwy Cave Creek, AZ 85331

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    For Lease
    $29 SF/Yr

    Retail property in Cave Creek, Arizona, with existing drive-thru.

    Property size:
    13,813 SF
    Lot size:
    2.79 Acres

    Property Features for 5400 E Carefree Hwy

    General Information

    Size
    13,813 SF
    Lot size
    2.79 Acres

    Source: Commercial Properties Inc Agent Eric Butler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Drive-Thru

    The property is a retail building constructed in 2003, with a size of approximately 13,813 square feet and situated on a 2.79-acre lot. It features an existing drive-thru and two restrooms. The parking ratio is 5.79 spaces per 1,000 square feet. Located in the affluent northern suburb of Phoenix, the property benefits from frontage on both N Cave Creek Road and Carefree Highway. It is positioned at a heavily trafficked signalized intersection with a dedicated turn lane. Nearby national retailers include Lowe's, Starbucks, Home Depot, and Sprouts Market. The architecture adheres to the design guidelines of Carefree, Arizona.
    Insight Report Location Intelligence

    Current Use by Public Records

    MoneyGram Money Transfer Service Negin Mohebbi Pharmacy UPS Access Point ... Shipping And Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cave Creek
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9644088
    Latitude
    33.7997861

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    FAQs

    What type of property is this?
    Retail space - Retail property in Cave Creek, Arizona, with existing drive-thru.
    Where is this retail space located?
    The property is located at 5400 E Carefree Hwy Cave Creek, AZ.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Heavily trafficked signalized intersection with dedicated turn lane and frontage on both N Cave Creek Rd and Carefree Highway.; - Existing drive-thru.; - High parking ratio (5.79:1000).
    (602) 809-6570
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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
    5400 E Carefree Hwy Cave Creek, AZ 85331
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