SOLD
Deal IRR/Multiple*
/
1.71x
Pool
Acquisition Date
Disposition
Description
Entire Center
Leasable Space
20,173 sq. ft.
Tenants
Domino's, Force II Karate, Magical Journey Learning Center, Super Cleaners, Fashion Nails, Barefoot Pools, Perfect Pear
Highlights
- Purchased at 50% of replacement cost
- 68% occupancy at date of purchase in strong retail area of affluent Ahwatukee Foothills neighborhood
- Avg household income of over $135,000 in 3-mile radius
- Strong population growth and household income growth rates
- Negotiate deed-in-lieu of foreclosure
