Henry Street Capital has arranged $2,600,000 in term debt to finance the sale of a single tenant property in Colorado Springs, CO. The tenant, Kum & Go, has just under 10 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Colorado. The interest rate is fixed for 5 years @ 6.50% on a 7-year loan term with 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Single Tenant – Retail
7-Eleven – Dallas, TX
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.
Wells Fargo – Phoenix, AZ
Henry Street Capital provided capital advisory services to the buyer of a single tenant property in Phoenix, AZ. The tenant, Wells Fargo, has 4.5 years remaining on the lease term. Kevin Sellers advised the client, a private investor in Washington. The interest rate on the $3,015,000 term loan is fixed for 4.5 years @ 5.00% with a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Walgreens – Loganville, GA
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.
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.
Walgreens – North Myrtle Beach, SC
Henry Street Capital has arranged $3,420,000 in term debt to finance the sale of a single tenant property located in North Myrtle Beach, SC. The tenant, Walgreens, has 5+ years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona. The interest rate is fixed for 10 years @ 3.48% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Walgreens – Friendswood, TX
Henry Street Capital has arranged $4,770,400 in term debt to finance the sale of a single tenant property located in Friendswood, TX. The tenant, Walgreens, has 8+ years 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 @ 4.29% on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Walgreens – Maineville, OH
Henry Street Capital has arranged $4,107,977 in term debt to finance the sale of a single tenant property located in Maineville, OH. The tenant, Walgreens, has 8 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Texas. The interest rate is fixed for 8 years @ 3.81% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Bank of America – Parker, CO
Henry Street Capital has arranged $1,400,000 in nonrecourse term debt to provide new financing for a single tenant property in Parker, CO. The tenant, Bank of America, has 13.5 years remaining on the ground lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Connecticut. The interest rate is fixed for 13.5 years @ 3.50% on a 30-year amortization schedule. Financing was secured through the national lending division of a Midwest based commercial bank.
Sherwin-Williams – Fort Walton Beach, FL
Henry Street Capital has secured $1,417,500 in term debt to finance the sale of a single tenant building in Fort Walton Beach, FL. The tenant, Sherwin-Williams, has just over seven years remaining on the lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Massachusetts. The interest rate is fixed for 7 years @ 3.51% on a 25-year amortization schedule. Financing was secured through the national single-tenant finance division of a Midwest-based commercial bank.