Henry Street Capital has secured $1,417,500 in term debt to finance the sale of a single tenant building in Fort Walton Beach, FL. The tenant, Sherwin-Williams, has just over seven years remaining on the lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Massachusetts. The interest rate is fixed for 7 years @ 3.51% on a 25-year amortization schedule. Financing was secured through the national single-tenant finance division of a Midwest-based commercial bank.
Month: January 2022
Sherwin-Williams – Blue Ridge, GA
Henry Street Capital has secured $900,000 in term debt to finance the sale of a newly constructed, single tenant building in Blue Ridge, GA. The tenant, Sherwin-Williams, 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 10 years @ 3.54% on a 30-year amortization schedule. Financing was secured through the national single-tenant finance division of a Midwest-based commercial bank.