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.

Leave a Reply

Your email address will not be published.