Daily limit: 0/10
LRC Properties And Alpaca Real Estate Secure $22.9 Million Loan For Industrial Property In Smyrna
FINANCED
$22,900,000
Tennessee
See Similar DealsIndustrial
Financed 10/15/2025
FINANCED
LRC Properties And Alpaca Real Estate Secure $22.9 Million Loan For Industrial Property In Smyrna
802 Swan Drive
See Similar DealsIndustrial
Financed 10/15/2025
Summary
TENNESSEE
Asset Type:Industrial
Transaction Type:Loan
A 246,000-square-foot industrial property located at 802 Swan Drive in Smyrna, TN was acquired through financing. The property is strategically positioned 18 miles from Nashville International Airport, featuring one available 50,000-square-foot space and two additional buildings scheduled for renovation that will include new loading docks.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $22,900,000
- Lender: Jordan Heller - Lightstone Capital
- Landlord: Karie Nero - LRC Properties & Alpaca Real Estate
- Loan Type: Acquisition
LRC Properties and Alpaca Real Estate played a key role in securing acquisition financing for the transaction, collaborating with Lightstone Capital to complete the deal effectively.
Players
LENDER
LENDER
LANDLORD
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,900,000.00
Monthly NOI$152,666.67
Monthly Debt Service$144,743.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions