Henry Street Capital has arranged $950,300 in term debt to finance the sale of a single tenant property located in Mattoon, IL. The tenant, Advance Auto, has over 9 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 @ 3.94% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Month: May 2021
Walgreens – Henderson, NC
Henry Street Capital has arranged $2,112,500 in term debt to finance the sale of a single tenant property located in Henderson, NC. The tenant, Walgreens, has over 7 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Michigan. The interest rate is fixed for 10 years @ 3.44% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Panera Bread – Duluth, GA
Henry Street Capital has arranged $2,117,000 in term debt to finance the sale of a single tenant property located in Duluth, GA. The tenant, a Panera Bread franchisee, has over 19 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Colorado. The interest rate is fixed for 10 years @ 3.64% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.