pacific west land
 

OTHER PROPERTIES

Arrowhead Gateway - SOLD

Broadway & Dorsey - SOLD
Carefree Village - SOLD
Corona Del Sol - SOLD
Crossroads Plaza
Fiesta Plaza - SOLD
Mesa Village - SOLD
Mountainview Marketplace- SOLD
Plaza at Chapel Hills
Time Square
 
 
 
 
  From the Pacific West Distressed Asset Fund, LLC
Corona Del Sol - SOLD
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Location 4929-4959 West Ray Rd, Chandler, AZ 85226
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Acquisition Date August 2011
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Total Investment $5,250,000
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Square Feet 45,430
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Tenants Include Subway, UPS Store, I Sushi, Water & Ice, Dave’s Hardware, City Nails, Eastern Spa
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Highlights
Purchased at ~58% of replacement cost
57% occupancy on date of purchase
Anchored by Fry’s
Over 100,000 cars per day at intersection
Household income over $100,000 within one mile
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Disposition
Lease up to 85% in 4 years
Sell to an income investor in a healthier market
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