Phoenix Flex Portfolio

Description: Three (3) Net-Leased Single-Tenant Flex Buildings
Size: 140,717 square feet
Acquisition Price: $18,102,000
Hold period: 19 months
Buyer: Bixby Land
Disposition Price: $24,000,000
Action taken: Successfully renewed the largest of the three (3) tenants to a long term lease at a substantial increase in rent over amount previously paid.
Investor IRR: 39.86%
 


 

 

 

31910 Del Obispo, Suite 100 · San Juan Capistrano, CA 92675
phone 949.545.0500 · fax 949.545.0578

 
 

 

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