NNN Circle K – Acquisition

South, US


Funding Purpose

Tauro Capital Advisors was engaged on an exclusive basis to place a loan for the acquisition of a Circle K.

Property Description

The asset is a fully leased and stabilized NNN retail property located on a busy street adjacent to a major highway and other retail locations.


The Sponsor is a an experienced real estate investor with a diverse portfolio and solid financials. The sponsor will be purchasing the property using 1031-exchange proceeds.


  • Up against 1031-exchange timeline.


  • Funding secured with a credit union that was able to get the deal closed before the 1031-exchange timeline.


  • Loan Amount (LTV): $4,800,00 (55%)
  • Interest Rate: 3.60%
  • Amortization: 30 years
  • Term: 10 years
  • Recourse: Partial Recourse

Senior Director  | Capital Advisor