Gantry Brokers Arrange $16.7M Refinancing Loan For El Dorado Retail Property On Town Center Blvd
4311 Town Center Boulevard
$16,700,000
$124/SF
Building Size
134,600 SF
Asset Type
Retail
Closing
Jun 1, 2023
AI
The property involved in this transaction is a retail asset located at 4311 Town Center Blvd in the El Dorado market. The property spans approximately 134,600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $16,700,000
- Date: 01/06/2023
- Address: 4311 Town Center Blvd
- Market: El Dorado
- Asset Type: Retail
- Square Footage: 134,600
The loan involved in this transaction is a refinancing loan with a total amount of $16,700,000. The loan terms include a 10-year fixed-rate and is nonrecourse.
The brokers involved in this deal are Robert Slate and Andrew Ferguson from Gantry.
Players
El Dorado Hills Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93