SOLD
Deal IRR/Multiple*
/
3.14x
Pool
Acquisition Date
Disposition
Description
Entire Center
Leasable Space
15,375 sq. ft.
Tenants
Anytime Fitness, Batteries Plus, Cricut Wireless, Mr. Cleaner, Heat Tanning, Anthony's Pizza, Alina Nailos
Highlights
Lake Louise Plaza provided a unique opportunity to acquire a low-vacancy, cash-flowing property at value-add pricing. The property's location along US Highway 441 across from a Walmart Supercenter created one of the most desirable locations for tenants within the trade area. The property also benefited from the absence of any competing shop space within the Walmart development.
