This property is ideal for a 1031 exchange buyer that wants to close fast. Property has existing loan of $34,000,000.00 at a rate of 6.2%, 10 yr note with a 1% assumption fee. Interest only 8/11/07-7/11/12, P&I 8/11/12-1/11/17 at a 30 yr amortization. Matures 1/11/17. The Crossroads at Tolleson offers 103,500 sq ft of gross leasable space at a high visibility and easily accessible corner. This regional shopping center serves the residents of Avondale, Phoenix, Glendale & Litchfield. This property is situated diagonally across the street from Gateway Pavillions, a 75 acre development anchored by Costco, Harkin Theaters, Borders Books, Circuit City, Bed, Bath & Beyond, Starbucks and other major retailers. Tolleson is self contained and growing community, with strong and industrial base. The immediate trade area population estimate is over 243,000 and is expected to grow by 20% by the year 2012. Commission is 1% to Buyers Broker based upon an at list offer, any offer other then list, commission is subject to negoitiation by Seller. 7.50 Cap