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.

Leave a Reply

Your email address will not be published. Required fields are marked *