Updated Sep 11, 2026
Hardee Fresh Secures $56M Bridge Loan On Americus, GA Industrial Property
130 Basket Factory Road
$56,000,000
$164/SF
Building Size
340,000 SF
Asset Type
Industrial
Closing
Feb 25, 2023
About this deal
AI
The industrial property located at 130 Basket Factory Drive in Americus, GA has been involved in a recent closed transaction. The property spans 340,000 square feet and is classified as an industrial asset.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $56,000,000
- Address: 130 Basket Factory Drive, Americus, GA
- Lender: X-Caliber Rural Capital, represented by Jordan Blanchard & Scott Crimmins
- Borrower: Hardee Fresh
- Loan Type: Bridge
The lender, X-Caliber Rural Capital, was represented by Jordan Blanchard and Scott Crimmins in the transaction. Hardee Fresh was the borrower. The loan amount for this transaction was $56,000,000.
On the Map
$56,000,000
$164/SF
Industrial
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Players
Market 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
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93