Dollar General – Elkhart, IN

October 31, 2022

Henry Street Capital has arranged $1,104,100 in term debt to finance the sale of a single tenant building in Elkhart, IN.  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 Florida.  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.