Map of Property

7518 East Elbow Bend Road

7518 East Elbow Bend Road, Carefree, AZ 85377

  • For Sale $2,210,000
  • Property Type Office
  • Property Size 15,888 SF
  • Lot Size 39,111 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 64
  • Parking Ratio 4.03 / 1,000 SF
  • Building Class C
  • Year Built 1987
  • Date Updated Nov 28, 2024

• Located SWC of # Cave Creek Rd & Elbow Bend Rd • Cap Rate at 2024 Budget with 17% Vacancy = 5.5% • 516 Total Linear Feet of Street Frontage on 3 Streets • Cap Rate at 2024 Budget with lease up = 7.75-8% • A true Value Added Opportunity • Priced well below today’s replacement costs • 15,888 RSF building originally constructed in 1987 and continuously renovated with many upgrades today • 2023 Population Estimate: 1 Mile = 1,929 • 3 Miles = 14,626 • 5 Miles = 35,318 • 2023 Average Household Income: 1 Mile = $155,133 • 3 Miles = $156,363 • 5 Miles $161,997 • 2025 Population Projections by Drive Time: 10 min = 25,567 • 20 min = 94,771 • 30 min = 301,111 • Zoned “C” Commercial with 64 total parking stalls (4/1,000 RSF) on Site & per Easement on Tract B 

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Contacts

broker
Rick Mineweaser Is this you?

Diamond Pacific Investments

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Carefree, AZ
  • Zip Code 85377
  • Market Phoenix

Points of Interest

  • Shell

    0.32 miles

  • Safeway

    2.93 miles

  • Chevron

    3.06 miles

  • Circle K

    3.70 miles

  • Superpumper

    6.56 miles

  • Trailhead Parking

    2.86 miles

  • Staff Parking

    3.29 miles

  • Visitor Parking

    3.34 miles

  • Student Parking

    3.40 miles

  • Jewel of the Creek Parking

    4.66 miles

  • Equestrian Staging Area

    4.70 miles

  • Overton & Slate Trailhead Parking

    4.70 miles

  • Spur Cross Ranch Conservation Area parking

    4.71 miles

  • Wildcat Pass Parking

    6.21 miles

  • Hampton Inn Carefree

    0.09 miles

  • Spirit in the Desert Retreat Center

    0.09 miles

  • CIVANA Wellness Resort and Spa

    0.64 miles

  • Boulders Resort & Spa Scottsdale

    1.42 miles

  • JW Marriott Phoenix Desert Ridge

    9.97 miles

  • Athens on Easy Street

    0.15 miles

  • Corrado's Cucina Italiana

    0.16 miles

  • Giordano Trattoria Romana

    0.21 miles

  • Pizzafarro's

    0.25 miles

  • Confluence

    0.27 miles

  • Pizzicata USA

    0.27 miles

  • Keeler’s Neighborhood Steakhouse

    0.28 miles

  • Le Sans Souci

    0.61 miles

  • Harold's Chicken Shack

    0.88 miles

  • The Horny Toad

    1.09 miles

  • Cave Creek School

    1.43 miles

  • Black Mtn Elmentary

    2.96 miles

  • Candeo North Scottsdale

    3.21 miles

  • Desert Aroyo Middle School

    3.24 miles

  • Cactus Shadows High School

    3.31 miles

  • Stepping Stones Academy

    8.45 miles

  • Pinnacle Peak Elementary School

    8.99 miles

  • Desert Mountain Middle School

    9.15 miles

Frequently Asked Questions

How much does 7518 East Elbow Bend Road cost?

The space currently listed for sale at 7518 East Elbow Bend Road asks for $2,210,000.

What is the total square footage of 7518 East Elbow Bend Road?

7518 East Elbow Bend Road totals 15,888 square feet.

When was this property built?

7518 East Elbow Bend Road was built in 1987.

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Contact Listing Broker
broker
Rick Mineweaser Is this you?

Diamond Pacific Investments