Listed by The Menlo Group Commercial Real Estate LLC
$2,850,000
Free-Standing Special Use Office Building for Sale or Lease
Details
APN 211-88-379
Property Type Mixed Use, Office
Sub Type School, Traditional Office
Square Footage 8,535
Price per SqFt $334
Broker Co-Op Yes
Class B
Year Renovated 2022
Acreage 1.230
Zoning C-2
Investment Type Owner/User
Occupancy Date 04/15/2026
Former Education Facility for Sale or Lease with Monument Signage and Outdoor Space in a Great Area
Marketing description
- Freestanding, Single-Tenant Medical Office. Owner/User Opportunity
- +/- 8,535 SF of extensively remodeled Medical Office Available
- Large Monument signage along Tatum Blvd.
- Large lot with outdoor area for playground, common area, etc.
- Ownership can provide an Improvement Allowance for qualified Tenants to customize the Premises
- Facility offers Private Rooms and Individual Restrooms (formerly 14 detox beds), a full Kitchen, Admin Offices, and Secure Outdoor Areas
- Parking Ratio: 3.1/1,000 SF (27 total spaces) Dedicated Parking
- Cross-Streets: Tatum Blvd. and Cave Creek Rd
- Strategic location with direct access along Tatum Blvd in rapidly growing region of North Phoenix/Cave Creek
Investment highlights
The address 29858 N Tatum Blvd is located in the heart of the Tatum Ranch community in Cave Creek/North Phoenix. As of 2026, this area is seeing a significant "modernization" wave as the suburban boundary of Phoenix continues to push north toward the Carefree Highway.
Here are the key developments and highlights occurring around that location:
Residential Growth & High-End Infill
While Tatum Ranch itself is a mature master-planned community, the land immediately surrounding it is seeing a surge in luxury "infill" projects:
- The Reserves at Lone Mountain: Located just north of you, this Shea Homes development is currently active with luxury homes starting around $1.6M.
- Custom Estates: New high-end construction is booming along the 56th St and Lone Mountain corridors, with custom builders like Morgan Taylor and BedBrock moving into the foothills.
- Rental Evolution: There is a growing trend of "Built-to-Rent" luxury townhomes in the Cave Creek area, catering to those who want the North Valley lifestyle without the long-term commitment of a 4,000-square-foot mortgage.
Retail & Commercial Shifts
The retail centers at Tatum & Dynamite and Tatum & Cave Creek Rd are evolving to match the area’s increasing property values:
- Black Mountain Marketplace: This nearby center has recently undergone shifts with Mountainside Fitness acting as a major anchor, alongside new boutique retail pads and "medical-retail" (high-end dental and wellness clinics) filling the gaps.
- Carefree Quarter: Further north at the Carefree Highway intersection, a major new commercial hub is under development. It’s designed to bring more upscale dining and regional retail to the North Valley, reducing the need for residents to drive down to Desert Ridge or Scottsdale Quarter.
Infrastructure & Utilities
The city is investing heavily in the "bones" of the area to support the population density:
- Cave Creek Water Reclamation Plant: A massive overhaul of this facility (located nearby) is currently making headlines. By 2029, this plant is expected to be a pioneer in Arizona for turning recycled water into purified drinking water, a critical move for long-term real estate stability in the desert.
- Cave Creek Road Widening: There are ongoing studies and incremental work to widen Cave Creek Road to three lanes in each direction to handle the increased traffic from the North Phoenix growth corridor.
Lifestyle Highlights
- The "Desert Connection": Tatum Ranch remains highly desirable because it maintains a 1,500-acre "open feel" despite the growth. The community association has been vocal about preserving the Sonoran Desert character even as new developments rise nearby.
- TSMC Ripple Effect: While the Taiwan Semiconductor (TSMC) plant is further west (near I-17 and Loop 303), the high-salaried workforce from that "Mega-Project" is increasingly choosing the Tatum Blvd corridor for housing, which is driving up local home values and demand for better amenities.
Listing Contacts
Listed by The Menlo Group Commercial Real Estate LLC
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