Office 1 NEC Carefree Hwy & Cave Creek Rd 87,750 SF Vacant Office Building Cave Creek, AZ 85331 For Sale

Positioned at the high-traffic intersection of Carefree Highway and Cave Creek Road, Carefree Quarter presents a rare opportunity to acquire prime retail pads within a ±23.32-acre master-planned development in the heart of Carefree, Arizona. This dynamic project is designed to meet the growing demand for retail, dining, and service amenities in a region experiencing rapid residential and income growth. With zoning in place for commercial use and flexible options for sale, ground lease, or build-to-suit, investors and developers can tailor their vision to meet market demand.
The site is strategically located just 20 miles east of Interstate 17 and benefits from a combined traffic count exceeding 45,000 vehicles per day. The surrounding area boasts strong demographics, with average household incomes surpassing $190,000 within a 5-mile radius and a projected population growth of 10–12% by 2027. The development is surrounded by national retailers including Sprouts Farmers Market, Lowe’s, Walmart, CVS, and Tractor Supply Co., ensuring a steady stream of consumer traffic.
With a conceptual site plan that includes over 96,000 square feet of retail and restaurant space, plus a 27,750-square-foot two-story office building, Carefree Quarter is poised to become a cornerstone of the community. This is a compelling opportunity to secure a position in one of Arizona’s most desirable and affluent suburban markets.