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Frontier Town 6245 E Cave Creek Rd

16,333 SF Vacant Retail Building Cave Creek, AZ 85331 $7,200,000 ($441/SF) 7.09% Cap Rate

Investment Highlights

  • Prime 6.02 Acres of Major Expansion Opportunity
  • TCC Zoning, Commercial, Retail, Hospitality, Entertainment, Mixed Use, Specialty Use
  • Approximate 664 FT of valuable real estate frontage on Cave Creek Rd
  • 100% Occupancy | Low WALT
  • Historic, tourism destination with deep roots in Cave Creek, AZ -Under Same Ownership since 1971
  • Value Add Property

Executive Summary

NOTE: This property is a candidate to host Food Network's: "American BBQ Competition" with BOBBY FLAY!
This extraordinary property has been the stage for countless national events, including features on the Travel Channel, political rallies, a Dodge commercial, The "New Dick Van Dyke Show", the "Steve" talk show, over 30 music videos, and at least 50 student films from ASU and SCC. This is a rare opportunity to invest in a property with nationwide appeal and limitless potential!

One-of-A-Kind Property!
Frontier Town is an established western-themed shopping center and events host located in the heart of Cave Creek, AZ. Operational since 1971 it has been a destination location for local residents and tourists seeking western themed events, gifts, and locally made goods.
The Town of Cave Creek has a rich history and western charm. It is a town of about 5,000 people. The community features a blend of professionals, artists, and outdoor enthusiasts. The town's median home price and median household income are higher than the national averages.
Cave Creek offers a diverse range of homes, from ranch-style to luxury estates, reflecting the demand for unique housing options. Backing to the foothills of Black Mountain, the town enjoys scenic landscapes, desert hiking trails, and recreational opportunities within the Tonto National Forest and Sonoran Desert. Cave Creek is located 20 mins north of Scottsdale and 30 mins north of Phoenix.
Frontier Town is located near notable destinations like CIVANA Wellness Resort and Spa and Desert Mountain Golf Club as well as proximity to major retail brands, such as: Chipotle, Dunn-Edwards Paint, Dutch Bros, Firehouse Subs, Jiffy Lube, Mod Pizza, Sprouts Farmers Market, Starbucks, Tractor Supply, and many others. Within a 10-mile radius is the two-year old 31,500 SF Abrazo micro-hospital.
Currently under development is Focus on the Family, located next to Frontier Town, spans 6 acres. Taiwan Semiconductor Manufacturing Company (TSMC), a $12 BIL plant, located about 25 minutes away in north Phoenix spans 1,129 acres is scheduled to open in 2024 bringing in thousands of new jobs.
Please note: DO NOT CONTACT OWNERS. Do not disturb tenants onsite. Send all inquiries to Listing Agents only. Tours by appointment only.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Storefront
Building Size
16,333 SF
Building Class
C
Year Built
1963
Price
$7,200,000
Price Per SF
$441
Cap Rate
7.09%
NOI
$510,375
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Land Acres
6.02 AC
Zoning
TCC - TCC Zoning within the town of Cave Creek which allows for expansion, redevelopment, commercial, retail, entertainment, mixed use, specialty use.
Parking
400 Spaces (24.49 Spaces per 1,000 SF Leased)
Frontage
664 FT on East Cave Creek Road

Amenities

  • Corner Lot
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 211-10-026B
  • 211-10-027A
  • 211-10-004A
Land Assessment
$161,707 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$370,422 (2025)
  • Listing ID: 30886243

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 6245 E Cave Creek Rd, Cave Creek, AZ 85331

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