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Jared Cassidy Of Marcus & Millichap Arranges $3.92M Loan For Retail Center In Bel Air

Property Image
FINANCED
$3,924,000

Maryland

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Retail
Financed 11/25/2025
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Property Image
FINANCED

Jared Cassidy Of Marcus & Millichap Arranges $3.92M Loan For Retail Center In Bel Air

2699 Tobin Crossing

See Similar Deals
Retail
Financed 11/25/2025
Contact now

Summary

MARYLAND
Asset Type:Retail
Transaction Type:Loan

The Shoppes at James Run is a retail center located at 2699 Tobin Crossing in Bel Air, MD, encompassing a total area of 13,189 square feet. The property was involved in an acquisition financing transaction amounting to $3,924,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,924,000
  • Loan Type: Acquisition
  • Loan Amount: $3,924,000
  • Loan Term: seven years
  • Interest Rate: 5.64%
  • Broker: Jared Cassidy
  • Broker Agency: Marcus & Millichap

MMCC arranged the acquisition financing for the transaction, catering to a private client. The deal reflects the collaboration between the broker and the financing entity to successfully close the transaction.

Players

Jared Cassidy
12 deals$105.8M volume
BROKER

Marcus & Millichap
BROKERAGE

Details

FINANCED
IMAGE: 11/25/2025 ADDRESS: 2699 Tobin Crossing MARKET: Bel Air, MD ASSET TYPE: Retail BROKER: Jared Cassidy - Marcus & Millichap LOAN AMOUNT: $3,924,000 LOAN TYPE: Acquisition NOTE: MMCC arranged $3.92M in acquisition financing for The Shoppes at James Run, a 13,189-sf retail center in Bel Air, Md., securing a seven-year loan at 5.64% for a private client.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,924,000.00

Monthly NOI$26,160.00
Monthly Debt Service$24,802.35
Change in Cash Flow$0.00
Refinance Proceeds$0.00