NNN Walmart – Acquisition
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NNN Walmart – Acquisition

NorthEASTERN, US

$8,250,000

NorthEASTERN, US

 

Funding Purpose

1031 Acquisition

Property Description

209, 621 Sq. Ft. Walmart Super center in the Northeastern US.
Absolute NNN

Sponsors

Experienced STNL NNN Investor

Challenges

  • Ground Lease with less than 10 years remaining
  • 35 days for Due Diligence Contingency

Solutions

  • Regional Banking Relationship
  • Expedited 3rd party reports

Funding

  • Loan Amount (LTV): $8,243,000 (65%)
  • Interest Rate: 3.42%
  • Amortization: 30 Y
  • Term: 10 Y
  • Recourse: Partial
  • Prepayment: Step down


Matt Ingle

Matt Ingle

TITLE

Director | Capital Advisor

Matt Bucaro

Matt Bucaro

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