Desco Plaza I, Lafayette, CA

  • 40,500 sq ft multi-tenant professional office building.
  • Prime location on main downtown arterial.
  • Affluent demographics support high rents and provide strong demand.
  • Significant entry barriers to competition in a ‘no growth’ community.
  • Initial cash-on-cash yield of 6%, partially tax sheltered, with good appreciation potential due
    to below market going-in rents.
  • 65% financing at excellent low rates from an institutional lender.
  • Acquired July, 2007.