Updated Oct 12, 2026
Secures $12 Million Refinance Loan From Optimum Bank For 1450 Bell Avenue
1450 Bell Avenue
$12,000,000
Building Size
—
Asset Type
Industrial
Closing
Sep 9, 2026
About this deal
AI
The property asset involved in this transaction is located at 1450 Bell Avenue, Fort Pierce, FL. It is identified as a 41.9-acre truck parking and industrial outdoor storage (IOS) complex, which facilitates operations within the industrial sector.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,000,000
- Lender: Optimum Bank
- Loan Type: Refinance
- Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
The transaction was arranged by Filler Capital LLC, highlighting the expertise of brokers Isaac Filler, Yossi Koschitzki, and Michael Neumann in securing financing for their client. The successful completion of the refinancing signifies effective collaboration with the Optimum Bank team throughout the process.
On the Map
$12,000,000
Industrial
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Players
Fort Pierce Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93