Henry Street Capital has arranged $4,110,000 in term debt to finance the sale of a single tenant property located in Plano, TX. The tenant, Walgreens, has over 12 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 @ 3.89% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Month: September 2020
Starbucks – Rockledge, FL
Henry Street Capital has arranged $1,764,000 in term debt to finance the sale of a single tenant property located in Rockledge, FL. The tenant, Starbucks, recently signed a new 10-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Florida. The interest rate is fixed for 9.5 years @ 3.93% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Walgreens – Mt. Pleasant, TX
Henry Street Capital has arranged $4,445,000 in term debt to finance the sale of a single tenant property located in Mt. Pleasant, TX. The tenant, Walgreens, has over 14 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 @ 3.91% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.