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Garrett Fierstein Of Marcus & Millichap Capital Corp Secures $3.9M Refinance Loan For Retail Center In Clermont

Property Image
FINANCED
$3,900,000

Florida

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Retail15,520 SF
Financed 09/18/2025
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Property Image
FINANCED

Garrett Fierstein Of Marcus & Millichap Capital Corp Secures $3.9M Refinance Loan For Retail Center In Clermont

Retail15,520 SF
Financed 09/18/2025
the dealplayerscompscontact
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$251
Total Square Footage:15,520 SF
Transaction Type:Loan

A refinancing loan of $3.9 million was arranged for a retail strip center, comprising 15,520 square feet, located at 9350 U.S. 192 in Clermont, FL. The asset is positioned in a market known for its diverse retail offerings.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,900,000
  • Loan Type: Refinance
  • Loan Terms: 10-year, 25-year amortization
  • Broker: Garrett Fierstein
  • Agency: Marcus & Millichap Capital Corp

Garrett Fierstein secured the loan through a national credit union on behalf of a private borrower, showcasing the firm's ability to facilitate financing for commercial real estate projects.

Players

Garrett Fierstein
Marcus & Millichap
Garrett Fierstein
21 deals$126.6M volume
BROKER

Details

FINANCED
IMAGE: Garrett Fierstein DATE: 09/18/2025 ADDRESS: 9350 U.S. 192 MARKET: Clermont ASSET TYPE: Retail ~ SF: 15,520 BROKER: Garrett Fierstein - Marcus & Millichap Capital Corp (@MMCapCorp) LOAN AMOUNT: $3,900,000 LOAN TYPE: Refinance LOAN TERMS: 10-year, 25-year amortization NOTE: Marcus & Millichap Capital Corp. arranged a $3.9M refinancing loan for a 15,520 SF retail strip center at 9350 U.S. 192 in Clermont, FL. The 10-year loan with 25-year amortization was secured by Garrett Fierstein through a national credit union on behalf of a private borrower.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,900,000.00

Monthly NOI$26,000.00
Monthly Debt Service$24,650.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00