Henry Street Capital has arranged $1,747,200 in term debt to finance the sale of a single tenant property located in Midlothian, VA. The tenant, Aspen Dental Management, recently signed a new 10-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 7 years @ 3.90% on a 30-year amortization schedule. Financing was secured through a California based commercial bank.
Henry Street Capital has arranged $4,585,000 in term debt to finance the sale of a single tenant property located in Meridian, MS. The tenant, Walgreens, has 13 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Wisconsin. The interest rate is fixed for 10 years @ 3.87% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $1,250,000 in nonrecourse term debt to finance the sale of a single tenant property in Charlotte, NC. The tenant, Chick-fil-A, recently signed a new 15-year ground lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Utah. The interest rate is fixed for 10 years @ 3.75% on a 25-year amortization schedule. Financing was secured through the national lending division of a Midwest based commercial bank.