Cave Creek Capital Sells Retail Center in Peoria, Arizona for $8.8 Million

by Alex Tostado

Peoria, Ariz. — Cave Creek Capital Partners LLC has sold 9494 Northern, a 23,058-square-foot retail center in Peoria. The property was fully leased at the time of sale to tenants including NextCare, ATI Physical Therapy, Navy Federal Credit Union, FedEx Office and Sprint. The site is located at 9494 W. Northern Ave., across the street from the planned Desert Diamond Casino. Jesse Goldsmith, Steve Julius, and Chase Dorsett of CBRE in Phoenix represented the seller in the transaction. Shashikant Patel of Scottsdale, Arizona acquired the property.

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