Henry Street Capital has arranged $5,325,000 in term debt to finance the sale of a single tenant building in Loganville, GA. The tenant, Walgreens, has just under 9 years of 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 @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Month: September 2022
Express Oil Change – Hiram, GA
Henry Street Capital has arranged $600,000 in term debt to finance the sale of a single tenant property located in Hiram, GA. The tenant, Express Oil Change, LLC, has over 19 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Washington. The interest rate is fixed for 10 years @ 5.06% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Dollar General – Millers Creek, NC
Henry Street Capital has arranged $1,245,500 in term debt to finance the sale of a single tenant building in Millers Creek, NC. The tenant, Dollar General, has over 9 years of remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Massachusetts. The interest rate is fixed for 9+ years @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Four Paws Inn – Greenville, NC
Henry Street Capital has arranged $912,000 in term debt to finance the sale of a single tenant property located in Greenville, NC. The tenant, Southern Veterinary Partners, has 12 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 @ 3.73% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Advance Auto Parts – Bad Axe, MI
Henry Street Capital has arranged $716,200 in term debt to finance the sale of a single tenant building in Bad Axe, MI. The tenant, Advance Auto Parts, has over 9 years of remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Michigan. The interest rate is fixed for 9+ years @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.