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Marcus & Millichap Capital Corporation Arranges $12.675M Loan For Columbus Retail Asset

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FINANCED
$12,675,000

Texas

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Retail315,276 SF
Financed 01/29/2026
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Property Image
FINANCED

Marcus & Millichap Capital Corporation Arranges $12.675M Loan For Columbus Retail Asset

Retail315,276 SF
Financed 01/29/2026
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Summary

Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:315,276 SF
Transaction Type:Loan

A 315,276 square foot gas station and convenience store located at 4301 N Ih 10 Road in Columbus, Texas, was involved in a recent closed transaction. The property is categorized as retail and is situated in the Columbus market.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $12,675,000
  • Loan Terms: 10-year, 6.5% loan with 30-year amortization and 65% LTV
  • Broker: Ron Balys - Marcus & Millichap Capital Corporation

Marcus & Millichap Capital Corporation arranged the financing for this investment-grade property, providing long-term, stable financing options. The loan structure includes a significant term length designed to assist in the property's financial planning.

Players

Ron Balys
14 deals$177.9M volume
BROKER

Details

FINANCED
IMAGE: Ron Balys DATE: 01/29/2026 ADDRESS: 4301 N Ih 10 Road MARKET: Columbus ASSET TYPE: Retail ~ SF: 315,276 BROKER: Ron Balys (@RonaldBalys) - Marcus & Millichap Capital Corporation (@MMCapCorp) LOAN AMOUNT: $12,675,000 LOAN TERMS: 10-year, 6.5% loan with 30-year amortization and 65% LTV NOTE: Marcus & Millichap Capital Corporation arranged $12.675M in financing for a 315,276 SF gas station and convenience store in Columbus, Texas. The 10-year, 6.5% loan with 30-year amortization and 65% LTV provides long-term, stable financing for an investment-grade property.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,675,000.00

Monthly NOI$84,500.00
Monthly Debt Service$80,114.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00