COMMERCIAL LONG TERM LEASE

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ENGINEERING REPORTS (2) GEOTECH PHASE 1 REPORT ALTA SURVEY COMMERCIAL LONG TERM LEASE SEC CAVE CREEK & PINNACLE PEAK ROADS APPLICATION NO.: TARGET AUCTION DATE: AUCTION LOCATION: ACREAGE: ZONING: UTILITIES: 03-109593 2009 Arizona State Land Department Phoenix, AZ 85007 15.00 ± gross /12.00 ± net City of Phoenix S-1; General Plan – 2-5 units/acre City of Phoenix Water and Sewer For further information contact: Anthony Orlich, Lease Administrator (602) 542-3000 DISCLAIMER: This information is designed for general overview purposes only. Unless otherwise stated, all figures and depictions are approximate. Prospective bidders should review all information, relating to the property, in the Land Department’s file records. We also suggest seeking technical or legal advice to assure the understanding of all legal descriptions, plat maps, surveys, and other documents relevant to the property. Once an auction price is established, appraisals may be check-out from the ASLD office for 48-hours. Informational marketing CDs are available upon request. More information online at www.land.state.az.us. Contact Melissa Harm, Marketing Coordinator, or the Administrator for additional information (602) 542-3000. Updated 7/9/08 AUCTION NOTICE FORM LEASE APPRAISAL

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