Blue Ribbon Center
Rare Freestanding Retail / Owner-User Property - 5,976 Sq Ft
Marketing description
DO NOT DISTURB TENANT! - ALL TOURS MUST BE CONDUCTED AND ARRANGED WITH BROKER
Rare Freestanding, Owner-User, Retail Property on a highly visible corner lot.
The Blue Ribbon Center, optimally located on the northwest corner of North Cave Creek and East Nisbet Roads, is situated nearby many Retail, Entertainment, Hospitality and Lifestyle Amenities. There is direct, fast access to the AZ-51 (Piestewa Freeway) and Loop 101, connecting the area seamlessly to surrounding employment centers and the greater Phoenix metro area. The property's intersection boasts a traffic count of 31,785 VPD.
- Amenities: The surrounding area near the property features a high-density, affluent retail and entertainment hub anchored by premier shopping centers. Local employees and residents enjoy immediate access to top-tier dining, curated boutiques, diverse entertainment venues, medical hospitality and proximity to major Scottsdale and Phoenix recreation hubs, creating an upscale lifestyle environment.
- Premium Retail & Shopping: Within minutes, the area offers high-traffic retail centers, including Desert Ridge Marketplace and Paradise Valley Mall, featuring major anchors such as Starbucks, Target, Whole Foods Market, Sprouts and REI, alongside many popular boutique shops.
- Dining & Entertainment Hubs: The area features a vibrant culinary scene with extensive casual and fine dining options, particularly concentrated around the Cave Creek Road / 101 corridor as well as nearby Kierland / Scottsdale Quarter. Entertainment venues include major cinema complexes and family-oriented attractions like the Musical Instrument Museum.
- Recreation & Lifestyle: Proximity to expansive outdoor recreation, including the adjacent North Mountain Park, Lookout Mountain and the Phoenix Mountain Preserves as well as many local golf courses, provides an active lifestyle component, attracting residents and visitors. Many hotels and resorts are located minutes away, including the JW Marriott at Desert Ridge, Marriott Canyon Villas, Hilton Tapatio Cliffs, Embassy Suites and Westin Kierland located minutes away. Paradise Valley Community College is also located just a few miles to the northeast.
- Medical Facilities: There is a strong, diversified local healthcare network featuring major hospital systems and high-quality medical care facilities. These providers include the Abrazo Scottsdale Campus, HonorHealth - John C Lincoln and Deer Valley Medical Campuses. as well the internationally renowned Mayo Clinic of Arizona which is just 7 miles away. Residents also have quick access to other numerous Urgent Care locations and other medical care providers.
Investment highlights
Building can be expanded to 8,938 square feet (50% lot coverage). Current square footage of 5,976 square feet (33.4% lot coverage). Check with City of Phoenix Planning & Zoning.
Seller will deliver the property vacant, 45 to 60 days after close of escrow. for removal of FF&E.
Seller can occupy a portion of their business in 1,500 sf portion of the building, thus providing Buyer with supplemental income at market retail rates.
Inquire w/ City of Phoenix Planning & Zoning Dept for allowed uses: ttps://www.phoenix.gov/content/dam/phoenix/pddsite/documents/planning-zoning-pz/pdd_pz_pdf_00006.pdf
100' Total Property Frontage on N. Cave Creek Rd and 180' on E Nisbet Rd. Curb cuts on N. Cave Creek Rd and also E Nisbet Rd.
Sophisticated video security system available for transfer to new tenant.
Roof: New 2026 resurfacing w/ 10 yr warranty (materials) & 7 yrs (workmanship)
HVAC: 2 units currently being replaced & 3 others w/ new condensers.
Property is fenced & gated with front parking and swinging man-door in rear of building.
Power: 2 Phase - 220 Amps
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