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J.P. Morgan Provides $20 Million Financing For Cheyenne Point Plaza In North Las Vegas
FINANCED
Nevada
See Similar DealsRetail
Financed 09/23/2025
FINANCED
J.P. Morgan Provides $20 Million Financing For Cheyenne Point Plaza In North Las Vegas
2235 East Cheyenne Avenue
See Similar DealsRetail
Financed 09/23/2025
Summary
NEVADA
Asset Type:Retail
Transaction Type:Loan
The asset involved in this transaction is a fully leased retail center located at 2235 East Cheyenne Avenue, North Las Vegas, NV. The retail center, known as Cheyenne Point Plaza, spans a total of 111,809 square feet and is anchored by Mariana’s Supermarkets. Tenants in this retail space include Dollar General, Intermountain Healthcare, Taco Bell, Panda Express, and Subway.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,000,000
- Lender: J.P. Morgan
- Brokers: Raymond Arjmand & Nader Arjmand - RA Centers
RA Centers played a significant role in securing the financing for this transaction, obtaining a loan amounting to $20 million from J.P. Morgan to facilitate the deal for Cheyenne Point Plaza. The brokers Raymond Arjmand and Nader Arjmand represented the interests of the involved parties in this transaction.
Players
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$20,000,000.00
Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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