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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
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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  • Listing ID: 34345124

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: Tuscany Village, Cave Creek, AZ

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