Acquisition of The Shops at Prasada



Property Name: The Shops at Prasada
COE: October 12, 2015
Purchase Price: $4,435,000
Price Per SF: $496
Building: ±8,942
Year Built: 2015
Property Location: NWC Loop 303 & Waddell Rd

16840 W Waddell Rd, Surprise, AZ

Buyer: TSM Ventures LLC
Seller: Zoe Development II LLC
Notes: 100% leased to Verizon Wireless, Sally Beauty, MedPost Urgent Care and Nail Salon, Sold for 98% of asking price
Listing Brokers: Chad Tiedeman and Steven Underwood at Phoenix Commercial Advisors represented the Seller in this transaction.


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