NNN Walmart – Acquisition

Midwest, US

$8,250,000

Funding Purpose

1031 Acquisition.

Property Description

209,621 Sq. Ft. Walmart Super center in the Midwest.
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

Managing Director  | Capital Advisor

714-401-7667

mbucaro@taurocapitaladvisors.com

Senior Director  | Capital Advisor

714-469-6718

mingle@taurocapitaladvisors.com