IRS Center, 1325 Broadway Plaza, Fresno, California
Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$63.6


Property Statistics
Property Type Office
NLA (sf) 180,481
Occupancy 100.0%
Current Rent (psf pa) US$34.00
Mark Rent (psf pa) US$34.80
WALT (by income) 6.4 years
Class A
Completion Date 2003

Valuation Summary
Valuation (million) US$69.4
Cap Rate 6.75%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
Internal Revenue Service 180,481 100% Nov 2013 (1) 6.4

(1)Based on lease firm term