Henry Street Capital has arranged $4,770,400 in term debt to finance the sale of a single tenant property located in Friendswood, TX. The tenant, Walgreens, has 8+ years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona. The interest rate is fixed for 8+ years @ 4.29% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Month: May 2022
Walgreens – Maineville, OH
Henry Street Capital has arranged $4,107,977 in term debt to finance the sale of a single tenant property located in Maineville, OH. The tenant, Walgreens, has 8 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Texas. The interest rate is fixed for 8 years @ 3.81% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.