Tuscany Village
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Tuscany Village
4 Retail Properties Offered at $11,229,480 in Cave Creek, AZ
Investment Highlights
- Tuscany Village benefits from its positioning in an extremely dense and growing residential area.
- Irreplaceable location in the region's primary commercial corridor.
- The property has a steady increase in jobs and development that will continue to enhance and maintain the stabilization of the property.
- Offers an investor a rare opportunity in a rapidly growing market with excellent demographics, strong local and regional fundamentals.
- Over 70,000 VPD offers excellent access, frontage and visibility.
- Tuscany Village is currently at 88.37% occupancy making this an excellent investment opportunity.
Executive Summary
Terrazona Property Management is pleased to offer for sale Tuscany Village, located at the Southeast corner of Cave Creek Road and Desert Willow Parkway. Tuscany Village is an investor’s low risk, high-reward dream. With current occupancy at 88.37%, and below market rents, Tuscany Village has incredible upside and possibilities for much higher annual income revenue. The plaza is home to an assortment of local and national retailers including Optum Health Care, Barro's Pizza, Best Pals Preschool, Hutch Salon, Nail Salon, Kumon, Wineot, Brosh Dentistry, Copper Bull Tavern, Black Mountain Distillery, Phat Turtle BBQ, and Meat Grinder. Tuscany Village features long, in-place leases for tenants and offers investors an opportunity to acquire a reliable and growing income stream. Tuscany Village also offers incredible visibility and accessibility with traffic counts of over 70,000 VPD.
Property Facts
Price | $11,229,480 | Number of Properties | 4 |
Price / SF | $263.55 / SF | Individually For Sale | 0 |
Cap Rate | 6.50% | Total Building Size | 42,608 SF |
Sale Type | Investment | Total Land Area | 6.90 AC |
Status | Active |
Price | $11,229,480 |
Price / SF | $263.55 / SF |
Cap Rate | 6.50% |
Sale Type | Investment |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 42,608 SF |
Total Land Area | 6.90 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
30815 N Cave Creek Rd, Cave Creek, AZ 85331 | Retail | 5,000 SF | 2003 | - |
30835 N Cave Creek Rd, Cave Creek, AZ 85331 | Retail | 1,108 SF | 2003 | - |
Bldg 5
30845 N Cave Creek Rd, Cave Creek, AZ 85331 |
Retail | 5,260 SF | 2003 | - |
Tuscany Village
30815-30853 N Cave Creek Rd, Cave Creek, AZ 85331 |
Retail | 31,240 SF | 2004 | - |
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Tuscany Village
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