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Phoenix Investment Firm Sells Cave Creek Automotive Repair Shop

San Francisco East Bay Area Buys Fully Leased Property for $2.1 Million
The automotive building in Cave Creek, Arizona, is fully leased to Wilhelm Automotive. (Cushman & Wakefield)
The automotive building in Cave Creek, Arizona, is fully leased to Wilhelm Automotive. (Cushman & Wakefield)
By Thomas Ferguson
CoStar Research
July 7, 2020 | 6:37 P.M.

Local investment shop CASC Investments has sold an automotive building in Cave Creek, Arizona, to the Chappelle Family, based in the San Francisco East Bay Area, for $2.1 million, or about $507 per square foot.

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