Sonoran Desert Village

2805 & 2815 W. Carefree Highway
Phoenix, AZ 85085

Built: 2006
Acquired: April 2012
Size: 13,760 square feet comprised of two strip retail buildings
Occupancy: 91% since acquisition, with a strong mix of regional and local tenants
Investment Strategy: Lease the vacant space and preserve the existing occupancy
Annualized Distribution: 16.14%