International Finance Provides $13.3M Loan To Fraga Plant LLC For Plant City Retail Center
2515 Thonotosassa Road
$13,300,000
$156/SF
Building Size
85,252 SF
Asset Type
Retail
Closing
Sep 16, 2025
AI
The asset involved in this transaction is a retail center located at 2515 Thonotosassa Road in Plant City. The center encompasses a total area of 85,252 square feet and is anchored by a Publix grocery store, along with other tenants including Dollar Tree and Burger King.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,300,000
- Lender: International Finance
- Landlord: Albert Fraga
- Agency: Fraga Properties
This loan transaction was facilitated for Fraga Plant LLC, representing a significant financial engagement involving the retail center. The lender, International Finance, has played a crucial role in supporting the investment for this property.
Players
Plant City Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93