SOLD
Deal IRR/Multiple*
/
1.95x
Pool
Acquisition Date
Disposition
Description
Total Wine & More
Fidelity
Wildflower/Orangetheory
Entire Center
Leasable Space
69,680 sq. ft.
Tenants
Total Wine & More, Noah's Ark, Dr. Connie Hsu, Dr.s Jain and Pandey, Desert Valley Pediatric Dentistry, Salon Boutique, California Closets, Tortoise & Hare, Armed Forces Center, iRepair, Lester Enterprise, Red Mountain Weight Loss, Landmark Jewelers
Highlights
- Purchased at ~83% of replacement cost
- 56% occupied at purchase
- Located in a strong, high traffic retail area in Glendale, a populous middle class community in the Phoenix MSA
