BUYING CRITERIA

Arizona

  1. Value-add component: typically 20-40% vacancy / discount based on condition
  2. Price: $1,000,000 – $6,000,000 – sweet spot is $3-5M
  3. Size: 10,000-60,000 sq/ft.  Multi-tenant
  4. Location: Within 1 hour of PHX
    • Prefer rough(er) buildings in good neighborhoods
    • Prefer at least one existing name brand tenant (franchises or regional is ok)
    • Prefer traffic counts over 15k Cars Per Day
    • Prefer 1970+ single story
    • Prefer strong employment
    • Prefer median household income over $50k

 

 

Our team relies on broker relationships to source off-market opportunities, and consistent deal flow.  We act solely as a principal on transactions and partner with brokers who can offer accurate intelligence on submarkets, leasing, and potential deals & tenants.

In many cases we partner on buy-side, then sell-side – offering double commission.  We pride ourselves on having a systemized buying and selling process; designed to streamline transactions.