Burger King – Beaufort, SC

July 8, 2022

Henry Street Capital has arranged $1,344,000 in term debt to finance the sale of a single tenant property located in Beaufort, SC.  The tenant, a Burger King franchisee, has 15+ years remaining lease term.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New Jersey.  The interest rate is fixed for 10 years @ 3.63% with 30-year amortization schedule.  Financing was secured through the national single tenant lending division of a Midwest based credit union.