| For leasing information click here |
 |
| Location |
18409 N Cave Creek Road, Phoenix, AZ 85032 |
|
| Acquisition Date |
September 2010 |
|
| Total Investment |
$1,805,000 |
|
| Square Feet |
19,818 |
|
| Highlights |
| Benefits from an Albertson’s Grocery anchor, Walgreen’s and Burger King pads |
| Developed residential area in north Phoenix with easy access to Route 101 and Route 51 |
| The intersection sees traffic counts of 49,400 VPD on Union Hills and 60,400 VPD on Cave Creek. |
| Strong area demographics |
| Purchased property out of foreclosure at trustee sale |
|
|
| Disposition |
| Lease up to 85% in 4 years |
| Sell to an income-oriented investor |
|
|
