Kirksville Commons – Kirksville, MO

December 19, 2018

Henry Street Capital arranged $6,666,586 in term debt to finance the acquisition of Kirksville Commons, a new multitenant retail property in Kirksville, MO. The property is 100% occupied by Hobby Lobby, Marshalls, Petsmart and Shoe Sensation. Kevin Sellers arranged the financing on behalf of the buyer, a private investor based in Minnesota. The loan term is 7 years with 25-year amortization. The interest rate is fixed @ 4.97% for the full term. Financing was secured through a national commercial bank.