Single-Tenant Retail Absolute
For Sale
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13220 N Cave Creek Rd, Phoenix, AZ 85022
Single-tenant retail property leased on an absolute net basis with a long-term term through 9/30/2036.
Property Size8,020 SF
Lot Size0.69 Acres
Days on Market124
Property Features for 13220 N Cave Creek Rd
General Information
Standard status
Active
Size
8,020 SF
Lot size
0.69 Acres
Property subtype
Retail
Additional Details
Cap Rate
5.88%
Traffic Count
32,000 vehicles/day
Building Details
Year Built
1968
Tenancy
Single
Listing Agency:
Torrey Financial Group
Listed By:
Nick Taylor · License #CA 02083661
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:03AM
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 Torrey Financial Group
Investment Insights
Based on property information with market context.
This single-tenant retail property is currently leased to Cycle Gear, with Comoto Holdings, Inc. listed as guarantor. The building was constructed in 1968 and is approximately 8,020 square feet on an approximately 0.69-acre lot. The lease is structured as an absolute net agreement with a lease maturity date of 9/30/2036.
Financial terms provided in the offering include annual rent of $135,234 and rent increases of 10% every five years, with the next increase scheduled for 10/1/2026. An additional one-time 5-year option is included, with a 10% increase. The property is located at 13220 N. Cave Creek Rd., Phoenix, AZ 85022, with traffic counts listed at 32,000 vehicles along Cave Creek Rd. The asking price is $2,459,000 and the offering cap rate is stated as 5.88%.
Financial terms provided in the offering include annual rent of $135,234 and rent increases of 10% every five years, with the next increase scheduled for 10/1/2026. An additional one-time 5-year option is included, with a 10% increase. The property is located at 13220 N. Cave Creek Rd., Phoenix, AZ 85022, with traffic counts listed at 32,000 vehicles along Cave Creek Rd. The asking price is $2,459,000 and the offering cap rate is stated as 5.88%.
Key Highlights
- Single‑tenant retail property at 13220 N. Cave Creek Rd., Phoenix, AZ 85022, leased on an absolute net basis
- Long‑term lease through 9/30/2036 with annual rent of $135,234
- Rent increases of 10% every 5 years; next increase on 10/1/2026
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 85022, AZ
51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant retail property leased on an absolute net basis with a long-term term through 9/30/2036.
Where is this retail space located?
The property is located at 13220 N Cave Creek Rd Phoenix, AZ.
What are key features of this property?
This property features: Single‑tenant retail property at 13220 N. Cave Creek Rd., Phoenix, AZ 85022, leased on an absolute net basis; Long‑term lease through 9/30/2036 with annual rent of $135,234; Rent increases of 10% every 5 years; next increase on 10/1/2026
