Entity Owned Property summary
Exceptional investment opportunity: a thriving tire shop in Phoenix, Arizona. This single-tenant, 2,527 square foot Class C industrial/mixed-use property is situated on a 0.15-acre lot (6,534 sq ft) at 9432 N Cave Creek Rd, 85020. The building, constructed over 60 years ago, features four bays, a lift strap, and office space, all within a single-story structure. Currently 100% occupied by a long-standing tenant under a NNN lease with rent bumps, the lease commenced June 1st, 2024, and expires June 1st, 2026, offering a remaining term of 1.5 years with lease options available. The asking price is $799,000, translating to $316.19 per square foot. The property boasts high visibility due to its 177-foot frontage on N. Cave Creek Rd and ample parking (5+ spaces). Zoned C-3 (Commercial & General Commercial), this property presents a strong return on investment with a stable, established tenant. The property's long history and prime location make it an attractive asset for discerning investors. Please note: Do not disturb the tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store Discount Store
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Auto Repair Shop (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Auto Parts Store
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(Bike/Boat/Book/etc) Store Auto Parts Store
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Auto Repair Shop
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Phoenix, AZThe purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Phoenix, AZ.
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Find the owner behind the property.
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