Industrial | Warehouse

3750 S 156th Ave. Goodyear, AZ

• Total Construction Cost: $12,789,253 ($106.58 PSF) • Signed lease with single tenant, GE at $0.87 NNN for 7 years. • 8.83% ROC

Purchase Price

• $1,325,000 ($3.76 PLSF)

Purchase Date

01/06/2021

Size (Sq. ft)

120,000 SF (8.08 acres)

Purchase Price

• $1,325,000 ($3.76 PLSF)

Purchase Date

01/06/2021

Size (Sq. ft)

120,000 SF (8.08 acres)

Investment Type

Business Plan

Merchant Build and Exit

Additional Notes

• Brasa (Institutional Fund) was the equity partner and F&M Bank was the lender • Sale Price: $21,800,000 (5.75% Cap) [$181.67 PSF] • 47.81% Deal-Level IRR • 1.96x Deal-Level EM