Net-lease Keller Williams Office

Cleveland
,
OH
3.7% fixed, 5/25
Amount: $
1185000
Interest Rate: 
3.7
%

StackSource arranged financing for an absolute NNN Keller Williams Realty located in Strongsville, OH, roughly 20 miles SW of downtown Cleveland.  The property was built in 2006 for the tenant and they recently exercised a 10-years extension option which extends out through 2027.   StackSource Capital Advisor Chris Peters was able to secure financing from a regional bank lender for the OH based investor that provided a 75% LTV acquisition loan with a 5-year fixed rate at 3.70% and a 25-year amortization.


Charitable Cause supported by 1% of StackSource's revenue on this transaction: