pacific west land
 

PACIFIC WEST DISTRESSED ASSET FUND

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
Sunset Commons - SOLD

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Location 4830 W. Sunset Road, Las Vegas, NV
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Acquisition Date June 2010
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Total Investment $1,265,000
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Square Feet 10,742
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Tenants Include Popeyes Chicken
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Highlights
Located on Sunset & Decatur near McCarran International Airport
Sunset Avenue is the first arterial south of McCarran International Airport
Scheduled viaduct will allow traffic to flow from the airport directly to our cross street, Decatur
Face value on note in excess of $3,000,000
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Disposition
Sold Popeye's ground lease February 2011 for $646k
Sold remaining property July 23, 2013 for $1,840,000
Multiple - 1.86x
Gross IRR - 34.23%
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