Henry Street Capital has arranged $2,780,000 in term debt to finance the acquisition of a single tenant property in Dallas, TX.  The tenant, 7-Eleven Inc., has 16+ years remaining on the lease.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California.  The interest rate is fixed for 10 years @ 6.25% on a 30-year amortization schedule.  Financing was secured through the national lending division of a Midwest based commercial bank.

Leave a Reply

Your email address will not be published. Required fields are marked *