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Single-Tenant Retail Acquisition Financing

Single-Tenant Retail Acquisition Financing, San Diego County, CA

$3,110,000

Single-Tenant Retail Acquisition Financing, San Diego County, CA

$3.11MM Single-Tenant Retail Acquisition Financing

 

Property and Location: 

 

  • Single-Tenant Retail - Corporate Guarantee from Yoshinoya
  • San Diego County, CA

Constraints: 

 

  • Borrower’s first commercial real estate purchase
  • Purchased property through Self Directed IRA
  • Delays in obtaining certificate of occupancy during COVID

Outcome: 

 

  • 55% LTV
  • 10-yr Term, 30-yr Amortization
  • No Prepay Penalty
  • Non-Recourse


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