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

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.