Panera & Pacific Dental Retail Center – Refinance/Cash-Out

Southwest, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive bases to place debt for the refinance of a retail building located in the Southwestern US.

Property Description

The asset is a two-tenant freestanding building with two NNN, 10 year leases from Panera and Pacific Dental. It’s located in a highly trafficked area.


The sponsor is a development group that has an exclusive agreement with Panera across 8 states totaling in more than 150 of the chain restaurants.


  • Sponsor looking to refinance and pull max proceeds to invest in upcoming development projects.


  • Funding secured with a local bank and trust that was able to provide the cash out requested to fund the pipeline adequately.


  • Loan Amount: $4,400,000
  • Interest Rate: 4.00%
  • Amortization: 25 years
  • Term: 10 years
  • Recourse: Payment guarantee

Managing Director  | Capital Advisor