Daily limit: 0/10
Gantry Arranges $9.5M Permanent Loan For Plaza North Shopping Center Refinance
FINANCED
$9,500,000
California
See Similar DealsRetail202,000 SF
Financed 11/10/2023
FINANCED
Gantry Arranges $9.5M Permanent Loan For Plaza North Shopping Center Refinance
201 North Mcdowell Boulevard & 313 North Mcdowell Boulevard
See Similar DealsRetail202,000 SF
Financed 11/10/2023
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$47
Total Square Footage:202,000 SF
Transaction Type:Loan
The Plaza North Shopping Center in Petaluma has secured a $9.5 million permanent loan for refinancing. The retail space spans 101,000 square feet and is home to a diverse range of tenants including Lola's Market, CVS/pharmacy, Starbucks Coffee, GNC, Club Pilates, as well as various fast-food, dining, beauty, retail, and professional service establishments.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $9,500,000
- Address: 201-313 North Mcdowell Boulevard, Petaluma
- Market: Petaluma
- Brokers: Andrew Ferguson, Maria Zwick, & Robert Slatt - Gantry
Gantry assisted in securing the seven-year, fixed-rate, permanent loan for the Plaza North Shopping Center. The loan will allow for a refinancing of the property, providing financial stability for the retail space and its tenants.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,500,000.00
Monthly NOI$63,333.33
Monthly Debt Service$60,046.46
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions