Retail Property In Tuscaloosa Obtains $4.5 Million Loan With Michael J. Gefter As The Broker
1307 University Blvd
$4,500,000
$311/SF
Building Size
14,451 SF
Asset Type
Retail
Closing
Feb 27, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 1307 University Blvd in the Tuscaloosa market. The transaction includes a loan amount of $4,500,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000.00
- Address: 1307 University Blvd
- Market: Tuscaloosa
- Loan Date: 02/27/2025
- Brokers: Michael J. Gefter
The deal is represented by broker Michael J. Gefter, who facilitated the transaction in the Tuscaloosa market. The loan was secured as part of this retail property transaction.
The retail loan at 1307 University Blvd in Tuscaloosa, Alabama financed for $4.5M in 2025. The building is 14,451 square feet, implying about 311 per square foot on the published price. Named participants on the 1307 University Blvd loan are Michael J. Gefter. This page is the Tuscaloosa, Alabama file for the 1307 University Blvd retail financed: pricing, party profiles, and other closed retail comps from the same Tuscaloosa sit in the Market section below. Filter that Tuscaloosa retail set by closing date to see what else financed near 1307 University Blvd around 2025. Published consideration for 1307 University Blvd is $4.5M, dated 2025. Cite this Retail Property In Tuscaloosa Obtains $4.5 Million Loan With Michael J. Gefter As The Broker loan when underwriting similar retail product around Tuscaloosa, Alabama.
Players
Tuscaloosa Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Michael J. Gefter to view all their deals.
Browse Tuscaloosa retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93