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Trevan Swierczewski And Alexander Santulis Secure $6.7M Refinance For San Diego Retail Center
FINANCED
$6,700,000
California
See Similar DealsRetail65,000 SF
Financed 10/03/2025
FINANCED
Trevan Swierczewski And Alexander Santulis Secure $6.7M Refinance For San Diego Retail Center
3701 Rosecrans Street
See Similar DealsRetail65,000 SF
Financed 10/03/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$103
Total Square Footage:65,000 SF
Transaction Type:Loan
A refinance transaction took place for a retail asset located at 3701-3745 Rosecrans Street in San Diego. The property encompasses a total of 65,000 square feet and is anchored by several notable tenants, including Smart & Final, AutoZone, Big 5 Sporting Goods, and a Burger King ground lease. The loan secured for this property amounts to $6,700,000 with a 15-year term, featuring nonrecourse terms and a 15-year amortization schedule.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,700,000
- Asset Size: 65,000 square feet
- Address: 3701-3745 Rosecrans Street
- Market: San Diego
- Loan Terms: 15-year term, nonrecourse, 15-year amortization
The refinancing was arranged by brokers Alexander Santulis and Trevan Swierczewski from PSRS - Pacific Southwest Realty Services. They played a crucial role in securing the nonrecourse loan for this retail shopping center.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,700,000.00
Monthly NOI$44,666.67
Monthly Debt Service$42,348.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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