Zuckerman Gravely Secures $50.75M Refinance Loan From Nationwide Life Insurance In Potomac
10122 River Road
$50,750,000
$634/SF
Building Size
80,000 SF
Asset Type
Retail
Closing
Aug 14, 2026
About this deal
AI
The property involved in this transaction is the Potomac Place Shopping Center, located at 10122 River Road in Potomac, MD. This asset is classified as a retail space, comprising 80,000 square feet. The refinancing transaction was valued at $50,750,000.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $50,750,000
- Loan Type: Refinance
- Lender: Nationwide Life Insurance Co.
- Landlord: Zuckerman Gravely
- Brokers: Jason Smith & Kenneth Gentzel - NorthMarq
- Loan Date: 08/14/2026
The transaction was facilitated by Zuckerman Gravely, who secured financing from Nationwide Life Insurance for a seven-year, fixed-rate loan. The brokers representing the deal were Jason Smith and Kenneth Gentzel from NorthMarq, who played a key role in the refinancing process of this retail asset.
Players
River Road Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Jason Smith to view all their deals.
Browse Maryland retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93