Henry Street Capital has arranged $2,177,500 in term debt to finance the sale of a single tenant property located in Huntington, WV.  The tenant, a Burger King franchisee, recently signed a 20-year lease.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New York.  The interest rate is fixed for 10 years @ 3.76% with 30-year amortization schedule.  Financing was secured through the national single tenant lending division of a Midwest based credit union.

Leave a Reply

Your email address will not be published.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