Gas Station Portfolio – 1031 Acquisition

South, US


Funding Purpose

Tauro was exclusively engaged to place a loan for the acquisition of three gas station/retail NNN properties in Louisiana to be renovated.

Property Description

Gas stations complete with pumps and a retail store store all of which are to be updated. NNN lease has been signed on all properties.


The sponsor company was founded in 2013 and has acquired over $140 million in CRE investments.


  • Clients goal was to obtain highest leverage possible at the lowest rate.
  • Sponsor has CRE investment experience but not with gas stations.


  • Funding with a bank that was able to get great terms for the sponsor. Real estate experience as a whole was shown to outweigh the lack in gas station experience.


  • Loan to Value 70%
  • Interest Rate: 4.5%
  • Amortization: 20 years
  • Term: 10 years
  • Recourse: Non-recourse
  • Interest Only: 6 months

Managing Director  | Capital Advisor