SOLD
Deal IRR/Multiple*
17%
/
1.55x
Pool
Acquisition Date
Disposition
Description
Entire Center
Leasable Space
9,819 sq. ft.
Tenants
Papa John's, EZ Spot, Nail Salon, & Sagos Tavern
Highlights
- Purchased non-performing note worth ~$2.707M secured by multi-tenant retail building
- 85% occupied at purchase
- Building appraised at ~$4.25M
- Shadow-anchored by Tropicana Beltway Center
