SOLD
Deal IRR/Multiple*
/
1.9x
Pool
Acquisition Date
Disposition
Description
Entire Center
Leasable Space
7,200 sq. ft.
Tenants
Sidewinders Subs, El Rico's, Orient Sushi
Highlights
- Non-performing note purchased at below physical replacement cost
- Face value on the note of $1.65M
- Located in affluent suburb of Phoenix near large business park
- Leased to 100% at disposition
