Horne Plaza

81 W. Guadalupe Road
Gilbert, AZ

Built: 2005
Acquired: February 2010
Size: 14,878 square foot multi-tenant shopping center
Anchor: Fresh and Easy grocery store
Occupancy: 100% including a mix of regional and local tenants
Investment Strategy: Increased property net operating income through preserving occupancy while increasing rents
Annualized Distribution: 14.85%
Date Sold:June 2013
Investor IRR: 22%