LevRose Commercial Real Estate is pleased to announce the successful sale of The Shops at Cave Creek Office Building & PAD, a 44,300-square-foot, fully leased mixed-use office and retail investment property located in North Phoenix. The asset traded for $6.2 million, with LevRose representing both the buyer and the seller in the transaction.
This 44,300 SF, fully leased mixed-use office & retail investment is strategically located at 20330–20350 N. Cave Creek Rd & 2340 E. Beardsley Rd, directly across from a high-performing Costco with excellent access off the 101 Freeway. The property features a synergistic office and retail layout, strong demographics, ample surface parking, and a diverse mix of national, regional, and local tenants—driving stable, income-generating performance.
Congratulations to the LevRose team—Partners Jason Reddington, Keri Davies, Sean Lieb, and Senior Advisor Trevor White—on another successful closing. A great example of a well-located, stabilized asset trading in a high-growth Phoenix corridor.
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