BridgeCore Capital Provides $2.6M Bridge Loan For Retail Property On Biddle Rd, Medford
1400 Biddle Road, Medford, Oregon 97504, United States
$2,639,000
$2,204/SF
Building Size
1,197 SF
Asset Type
Retail
Closing
Jun 28, 2022
About this deal
AI
A retail property located at 1400 Biddle Rd, Medford, OR was recently involved in a loan transaction. The loan was provided by BridgeCore Capital, Inc for a total amount of $2,639,000. The loan type was a bridge loan.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,639,000
BridgeCore Capital, Inc acted as the lender in this transaction, providing the necessary funds for the loan.
The retail loan at 1400 Biddle Road, Medford, Oregon 97504, United States in Medford, Oregon financed for $2.6M in 2022. The building is 1,197 square feet, implying about 2.2K per square foot on the published price. This page is the Medford, Oregon file for the 1400 Biddle Road, Medford, Oregon 97504, United States retail financed: pricing, party profiles, and other closed retail comps from the same Medford sit in the Market section below. Filter that Medford retail set by closing date to see what else financed near 1400 Biddle Road, Medford, Oregon 97504, United States around 2022. Published consideration for 1400 Biddle Road, Medford, Oregon 97504, United States is $2.6M, dated 2022. Cite this BridgeCore Capital Provides $2.6M Bridge Loan For Retail Property On Biddle Rd, Medford loan when underwriting similar retail product around Medford, Oregon.
Players
Medford 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
6.01%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93