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4065 Crescent Park Drive

Updated Apr 3, 2026

Crescent Park Investment Property LLC Secures $6.5 Million Refinance For Industrial Buildings In Riverview
FINANCEDIndustrial

Crescent Park Investment Property LLC Secures $6.5 Million Refinance For Industrial Buildings In Riverview

4065 Crescent Park Drive

$6,500,000

Building Size

Asset Type

Industrial

Closing

Apr 1, 2026

About this deal

AI

The asset involved in this transaction includes two multi-tenant industrial buildings located at 4041-4065 Crescent Park Drive in Riverview. The loan amount secured for this refinance was $6,500,000 with a 10-year term structured through a credit union.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,500,000
  • Loan Type: Refinance
  • Loan Terms: 10-year
  • Landlord: Crescent Park Investment Property LLC
  • Broker: Bob Hernandez - NorthMarq

Bob Hernandez led the Tampa Debt + Equity team from NorthMarq in arranging this permanent fixed-rate refinancing for the properties on behalf of Crescent Park Investment Property LLC.

Players

Robert Hernandez

NorthMarq

Broker

$79.3M

vol

5 deals

Broker

Riverview 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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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