Cave Creek Homes with Paved Parking Features

Cave Creek Homes with Paved Parking Features

Welcome to Cave Creek, Arizona – a hidden gem nestled in the heart of Maricopa County that beautifully blends the charm of the Old West with modern amenities. Known for its stunning desert landscapes and vibrant community spirit, Cave Creek offers an idyllic retreat for those seeking a tranquil lifestyle without sacrificing convenience.

One of the standout features of homes in this area is their paved parking options. Imagine arriving home to a beautifully designed property, complete with ample paved parking that ensures easy access and a clean, polished look. Whether you have multiple vehicles, recreational toys, or simply enjoy the convenience of hassle-free parking, these homes cater to your needs.

Cave Creek is not just about stunning homes; it’s about a lifestyle. The community is rich in outdoor activities, with endless opportunities for hiking, horseback riding, and exploring the picturesque Sonoran Desert. The charming downtown area boasts a variety of local shops, art galleries, and eateries that celebrate the unique culture of the region.

Families will appreciate the top-notch schools and community events that foster a sense of belonging. With its friendly atmosphere and breathtaking views, Cave Creek is perfect for those looking to escape the hustle and bustle of city life while still enjoying easy access to nearby urban conveniences.

Discover your dream home in Cave Creek, where paved parking features complement a lifestyle filled with adventure and community spirit. Embrace the beauty and warmth of this enchanting town today!

Newest Cave Creek Homes with Paved Parking Features

$695,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix
$4,795,000
7010921 MLS ⋅ 13,762 SqFt.
Turnkey Investment | 95% Occupied | Prime Location in Cave Creek Located in the heart of Cave Creek with stunning views of Black Mountain, this fully leased, mixed-use commercial building presents an outstanding investment opportunity. With 95% occupancy, it delivers immediate cash flow and long-term value in one of Arizona's most sought-after and rapidly growing markets. The property features a strong, diverse tenant mix including a modern gym, professional office suites, a high-energy MMA studio, and direct frontage along the new equestrian pathway--drawing steady local and visitor traffic. Private on-site parking enhances convenience for tenants and clients alike. As Cave Creek continues its expansion, the demand for quality, versatile commercial space is at a premium.

6450 E Cave Creek Road, Cave Creek
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.