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Innerbelt Business Center D...

Fountain Real Estate Capital Secures $13.7M Loan From Regional Bank For Innerbelt Business Center
FINANCEDMixed-use

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

Andy Finn

NorthMarq

Broker

$155.5M

vol

6 deals

Broker
RB
Regional BankLender

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