Cave Creek, AZ 85331

Harbor Freight Tools

Property Address

4868 East Carefree Highway, Cave Creek, AZ, USA

Offering Summary

  • Price: $4,300,000
  • Lot Size: 1.80 Acres
  • Year Built: 2023
  • Building SF: 15,300
  • Status: Closed
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  • 10 Years Remaining on Lease with Harbor Freight Tools
  • Brand New High-Quality 2023 Construction
  • 10% Rental Increases Every Five Years with Multiple Renewal Options
  • High Visibility Location Along East Carefree Highway (Over 31,500 Vehicles per Day)
  • Shared Ingress and Egress with National Retailer, Verizon
  • Across the Street from Fry’s, The Home Depot, Wendy’s, Circle K, and Firestone
  • Rapidly Growing Phoenix MSA Trade Area with Population and Households Projected to Increase 10 – 12% by 2027
  • High-Income Area with Average Annual Household Income Exceeding $163,800 within Five Miles of the Subject Property
  • Located Along Strong Retail Corridor with Lowe’s, Walmart Supercenter, Sprouts Farmers Market, Tractor Supply Co, and Many More

Broker Information