Henry Street Capital has arranged $1,628,400 in term debt to finance the sale of a single tenant property located in Georgetown, KY. The tenant, Jiffy Lube International, Inc, recently signed a 15-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 10 years @ 3.64% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Henry Street Capital has arranged $900,000 in term debt to finance the sale of a single tenant property located in Orange Park, FL. The tenant, a Valvoline franchisee, has over 14 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Texas. The interest rate is fixed for 5 years @ 3.71% on a 9-year note with 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $700,000 in term debt to finance the sale of a single tenant building in Greensboro, NC. The tenant, Caliber Collision, recently signed a new 15-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Colorado. The interest rate is fixed for 10 years @ 4.00% on a 15-year loan term with 30-year amortization schedule. Financing was secured through a California based commercial bank.
Henry Street Capital has arranged $970,000 in term debt to finance the sale of a single tenant building in Richmond, VA. The tenant, Christian Brothers Automotive Corporation, executed a new 15-year lease at close of escrow. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 10 years @ 4.00% with no prepayment penalty. Financing was secured through a North Carolina-based credit union.