| Project Details |
| Property Type: |
Land Lease (improvements include a stand alone restaurant) |
 |
| Sales Price: |
$2,312,500 |
| Sale Closing Date: |
May 2007 |
| Cap Rate: |
7.23% |
|
| Buyer Name: |
Tay, LLC. |
| Buyer Broker: |
Greg Cartwright, CFI |
|
| Seller Name: |
GLA Partners, LLC. |
| Seller Broker: |
Andrew Fosberg, CBRE |
|
| Notable Tenants: |
Ichi Ban Restaurant |
| Square Footage: |
40,706 |
| Amenities: |
5,095 sf Improvements |
|
CFI represented the Buyer in this investment land lease purchase transaction. The property is 40,706 sq.ft. parcel with 5,095 sq.ft. in restaurant improvements located just north of I-10 in Goodyear, AZ. This parcel is a pad in a Target anchored shopping center. |
