FINANCED
Marcus & Millichap Capital Corporation Arranges $5.07M Loan For McKinney Retail Property
Marcus & Millichap Capital Corporation brokers loan for $5,070,000 in McKinney
Retail
Financed 1 year ago
Summary
Loan
TEXAS
Retail
Marcus & Millichap Capital Corporation (MMCC) arranged a $5.07 million loan for the acquisition of a Class A retail property in McKinney, Texas. The property, built in 2020, is anchored by a medical clinic and a dollar store. It is conveniently located near two major highways, providing easy access to the Dallas and Fort Worth areas.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,070,000
- Market: McKinney
Adam Pike of Marcus & Millichap Capital Corporation's Houston office represented the long-term client in securing the favorable loan terms for this acquisition. With its prime location and strong tenant mix, the retail property presents a promising investment opportunity.
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Details
FINANCED
IMAGE: Adam Pike
DATE: 05/05/2023
MARKET: McKinney
ASSET TYPE: Retail
BROKER: Adam Pike - Marcus & Millichap Capital Corporation (@MarcusMillichap_Houston)
LOAN AMOUNT: $5,070,000
NOTE: Marcus & Millichap Capital Corporation (MMCC) arranged a $5.07 million loan for the acquisition of a Class A retail property in McKinney, Texas, built in 2020 and anchored by a medical clinic and a dollar store. The property, which is located near two major highways with access to Dallas and Fort Worth, was financed with favorable terms for a long-term client, according to Adam Pike of MMCC's Houston office.View on map
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AddressMarcus & Millichap Capital Corporation brokers loan for $5,070,000 in McKinney
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