SOLD
Deal IRR/Multiple*
/
0.88x
Pool
Acquisition Date
Disposition
Description
Entire Center
Leasable Space
17,597 sq. ft.
Tenants
Phenix Salons, National Restaurant Supply, Bright Now, NexGen E-Cigs
Highlights
- Non-performing note purchased at below physical replacement cost
- Face value on the note of $2.678M
- Heavy traffic on Country Club Dr (48,600 VPD) and Baseline Rd (30,800 VPD)
- Walmart shadow anchor
