Crossroads Towne Center, located at the southeast corner of Gilbert and Germann Roads in the town of Gilbert, is a 144,254 square foot, 99% occupied shopping center anchored by Hobby Lobby, Boot Barn, and a new junior anchor national tenant. Included in the asset are two free-standing retail ground leases with Jacksons (gas, c-store, car wash) and El Pollo Loco drive thru restaurant. Further, the opportunity includes 11.7 acres of additional land for development. Currently two parcels, the northern parcel (3.3 acres) is fully improved with utilities, parking lot, lighting, and shovel ready site. It was designed as part of the original development for additional box and shops space. The southern parcel (8.4 acres) is unimproved land, with conceptual site plans and tenant interest from fast-food, retail big box, and medical users. It was envisioned as the phase 2 of the shopping center development.