Henry Street Capital has arranged $1,015,886 in term debt to finance the sale of a single tenant building in Buda, TX. The tenant, Dollar General, has 13 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 10 years @ 4.04% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Month: August 2020
Dollar General – Surgoinsville, TN
Henry Street Capital has arranged $944,177 in term debt to finance the sale of a newly constructed single tenant building in Surgoinsville, TN. The tenant, Dollar General, recently executed a new 15-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Tennessee. The interest rate is fixed for 10 years @ 4.09% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.