Marcus & Millichap Secures $5.41M Refinancing For CVS-occupied Retail Property In North Attleboro

A CVS-occupied retail property located at 8 East Washington Street in North Attleboro, MA is involved in a refinance transaction. The property has secured a loan amount of $5,414,500 with a fixed interest rate of 5.29% for a term of 10 years, along with a 30-year amortization and a loan-to-value ratio of 65%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,414,500
• Loan Type: Refinance
• Loan Term: 10 years
• Interest Rate: 5.29%
• Amortization Period: 30 years
• Loan-to-Value Ratio: 65%
• Address: 8 East Washington Street
• Market: North Attleboro, MA

Christopher Marks and Steve Filippo from Marcus & Millichap represented the financing side of the transaction through Marcus & Millichap Capital Corporation, facilitating the refinancing of the retail asset.