pacific west land
 

 

PWDAF

Pacific West Distressed

Asset Fund, LLC

 

Ahwatukee Hills - SOLD
Cave Creek Plaza - SOLD
Desert Bloom Plaza - SOLD
Foothills Park Plaza - SOLD
Laveen Village - SOLD
McClintock and Elliot - SOLD
Oasis at the Islands - SOLD
Pepper Ridge Plaza - SOLD
The Plaza in Scottsdale - SOLD
Shops at Tatum & Dynamite - SOLD
Shops at Warm Springs - SOLD
Siena Canyon Square - SOLD
Sunset Commons - SOLD
Village at Surprise - SOLD
Walmart Country Club Shops - SOLD
  From the Pacific West Distressed Asset Fund, LLC
The Plaza in Scottsdale

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Location 13610 N. Scottsdale Road, Scottsdale, AZ
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Acquisition Date May 2011
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Total Investment $6,440,000
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Square Feet 67,441
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Tenants Include Edward Jones, Salon Vis a Vis, School of Rock, Jabz Boxing
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Highlights
Value-add opportunity
Premier retail corner on Scottsdale & Thunderbird in North Scottsdale
Average household income of $119,586 within 5 miles
Proximity to Scottsdale Airpark, the second largest employment center in metropolitan Phoenix
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Disposition

Jack in the Box sold for $1.4M in September 2011

Constructed new drive-through Starbucks with additional shops space
Added two new monument signs to property
Sold Starbucks pad November 2013 for $3M

Sold Remainder of Property June 2016 for ~$13M

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