Office-Retail Building with
9108 North Cave Creek Road Phoenix, AZ 85021
9108 North Cave Creek Road, Phoenix, AZ, 85021
Contact for pricing
For Sale
Contact for pricing
Small office/retail building with road frontage, onsite parking, and a maintained HVAC system on a fully fenced lot.
Property Size1,010 SF
Price / SF$346.44
Days on Market21
Property Features for 9108 North Cave Creek Road
General Information
- Standard status
- Active
- Size
- 1,010 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1973
Listing agency
EXP Realty - Cook
(480) 703-3316
Listed by
Shane Cook · License #SA5857170000
Source
Crexi
Added: Jul 2 Updated: Jul 22 at 2:07AM Checked: Jul 22 at 2:07AM
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 EXP Realty - Cook
Investment Insights
Based on property information with market context.
This small office/retail building offers approximately 1,010 square feet and is described as well maintained. The property includes a working HVAC unit, roller shield window protection, and is located on a fully fenced lot. Preparation for sale includes a termite treatment with a 3-year warranty, new rain gutters, and a new foam roof with a 5-year warranty, along with interior wall repairs and painting and updates to door locks.
The building has frontage along Cave Creek Road and onsite parking with 4 or more spaces. The remarks also note billboard income and additional planned property work, including exterior painting, parking lot asphalt repairs with a new seal coat, updated roller shield components, and tile and air duct cleaning to be completed shortly after listing.
The building has frontage along Cave Creek Road and onsite parking with 4 or more spaces. The remarks also note billboard income and additional planned property work, including exterior painting, parking lot asphalt repairs with a new seal coat, updated roller shield components, and tile and air duct cleaning to be completed shortly after listing.
Key Highlights
- Approx. 1,010 SF small office/retail building built in 1973
- Frontage along Cave Creek Road with onsite parking (4+ parking spaces)
- Full fenced lot with roller shield window protection
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $30.72 |
| − Vacancy | −$8.0k | −$7.90 |
| EGI | $23.1k | $22.82 |
| − OpEx | −$5.8k | −$5.71 |
| NOI | $17.3k | $17.12 |
1,010 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$247.0K
$216.1K – $288.2K
NOI $17,290 @ 7.0% cap · market cap 4.94%
Second Best
Retail
$163.1K
$142.7K – $190.3K
NOI $11,415 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$305.9K
$267.7K – $356.9K
NOI $21,416 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Love Carpet Care
Carpet Cleaning Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Small office/retail building with road frontage, onsite parking, and a maintained HVAC system on a fully fenced lot.
Where is this office units located?
The property is located at 9108 North Cave Creek Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approx. 1,010 SF small office/retail building built in 1973; Frontage along Cave Creek Road with onsite parking (4+ parking spaces); Full fenced lot with roller shield window protection
