Safeway Grocery Store – Acquisition

Phoenix, AZ


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to source financing for an acquisition of a freestanding grocery tenant in Phoenix, AZ.

Property Description

The asset is a fully leased and stabilized NN retail property on a busy intersection with great visibility.


The sponsor is an investor with excellent financials. He owns multiple other retail properties valued at nearly $220 million.


  • Sponsor was looking to obtain financing in a rising rate environment at the lowest rate possible.


  • Funding secured with a CMBS lender that was able to get the sponsor maximum LTV.


  • Interest Rate: 10 year swap + 270
  • Amortization: Yield Maintenance
  • Term: 10 years
  • Recourse: Non-Recourse

Director  | Capital Advisor


Managing Director  | Capital Advisor