Pacific West Land  
pacific west land
 

OPPORTUNISTIC
Cave Creek Plaza
Foothills Park Plaza
Laveen Village Shopping Center
Oasis at the Islands
Pepper Ridge Plaza
Siena Canyon Square
Sunset Commons
The Plaza in Scottsdale
The Shops at Warm Springs
Village at Surprise
WalMart Country Club Shops
 
 
 
 
 
 
 
 
 
 
  From the Pacific West Distressed Asset Fund, LLC
Village at Surprise


For leasing information click here
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Location 13980 W. Bell Road, Surprise, AZ
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Acquisition Date March 2011
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Total Investment $3,100,000
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Square Feet 27,205
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Tenants Include Payless Shoe Source, H&R Block
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Highlights
Strong national tenants at intersection in prime retail corridor along Bell Road
Easy access to Route 303 and US-60
Area tenants include Target, Lowe’s, Home Depot, Barnes & Noble, Best Buy, Petsmart, Office Max, and others
Purchased non-performing note from a special servicer
Negotiated deed-in-lieu of foreclosure
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Disposition
Lease up vacant space and hold 4-6 years
Sell to an income-oriented investor

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