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International Finance Provides $13.3M Loan To Fraga Plant LLC For Plant City Retail Center

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FINANCED
$13,300,000

Florida

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Retail85,252 SF
Financed 09/16/2025
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Property Image
FINANCED

International Finance Provides $13.3M Loan To Fraga Plant LLC For Plant City Retail Center

2515 Thonotosassa Road

See Similar Deals
Retail85,252 SF
Financed 09/16/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$156
Total Square Footage:85,252 SF
Transaction Type:Loan

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

International Finance Bank
International Finance Bank
LENDER
Albert Fraga
Fraga Properties
Albert Fraga
1 deal$13.3M volume
LANDLORD

Details

FINANCED
IMAGE: Albert Fraga DATE: 09/16/2025 ADDRESS: 2515 Thonotosassa Road MARKET: Plant City ASSET TYPE: Retail ~ SF: 85,252 LENDER: International Finance (@InternationalFinanceBank) LANDLORD: Albert Fraga - Fraga Properties LOAN AMOUNT: $13,300,000 NOTE: International Finance provided a $13.3M loan to Fraga Plant LLC for the 85,252-sf Plant City Crossing retail center near Tampa. The Publix-anchored property also includes tenants such as Dollar Tree and Burger King.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$13,300,000.00

Monthly NOI$88,666.67
Monthly Debt Service$84,065.05
Change in Cash Flow$0.00
Refinance Proceeds$0.00