Acquisition: BTS Tesla Service Station

West, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place a loan for the acquisition of a Tesla service center in the western US.

Property Description

The asset is an industrial, built-to-suit property for Tesla with supercharging capability. Construction was completed in March, and a 10 year lease commenced.


The partnership is heading by a prominent residential real estate agent in Beverly Hills. The entity has $16 million in 1031-exchange proceeds.


  • Property subject to 1031-exchange deadline.


  • Funding secured with a large credit union that was able to get the deal closed on time with a reasonable interest rate during uncertain market conditions.


  • Loan Amount (LTV): $10,600,000 (60%)
  • Interest Rate: 3.75%
  • Amortization: 30 years
  • Term: 10 years
  • Recourse: Non-recourse
  • Interest Only: 24 months
  • Prepayment: No penalty


Director  | Capital Advisor