Fountain Real Estate Capital Secures $13.7M Loan From Regional Bank For Innerbelt Business Center
Innerbelt Business Center Drive
$13,700,000
Building Size
—
Asset Type
Mixed-use
Closing
Jul 1, 2026
AI
The Innerbelt Business Center is a mixed-use asset located on Innerbelt Business Center Drive in Overland, MO. This property encompasses a total area of 191,925 square feet and is designed for flex/showroom purposes.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $13,700,000
- Lender: Regional Bank
- Landlord: Fountain Real Estate Capital
- Brokers: Lucas Goring & Andy Finn - NorthMarq
- Loan Type: Acquisition
This transaction involved NorthMarq arranging the acquisition loan for Fountain Real Estate Capital to successfully acquire the property. The loan facilitated the purchase within the Overland market, enhancing Fountain's portfolio in this region.
Players
Saint Louis Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93