Provides $18.5M Refinance Loan For Retail Property At 3025 South Las Vegas Boulevard
3025 South Las Vegas Boulevard
$18,500,000
Building Size
—
Asset Type
Retail
Closing
Jan 13, 2026
About this deal
AI
The property asset involved in this transaction is located at 3025 South Las Vegas Boulevard, Las Vegas, NV. This asset falls under the retail category and is associated with a loan amount of $18,500,000 for refinance purposes.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,500,000
- Lender:
- Broker: Steven Tessler - Meridian Capital Group
- Loan Type: Refinance
- Date: 1/14/2026
Steven Tessler represents Meridian Capital Group in this transaction, facilitating the financing process for the retail property. For further inquiries or financing needs, individuals can reach out to Steve Tessler at 917-647-6332.
On the Map
$18,500,000
Retail
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Players
Las Vegas Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93