PROGRESS CAPITAL | Lafayette, IN – $718,000
16342
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Lafayette, IN – $718,000

Category
Retail
About This Project

4.55% Fixed for 7 Years on NNN Acquisition

 
Lafayette, IN – Kathy Anderson of Progress Capital Advisors arranged $718,000 in financing for a valued client to acquire a newly constructed 2,405 SF single tenant net lease retail property in Lafayette, In.  The property is subject to a remaining 10 year lease term with Visionworks U.S.A. Inc, with the option to extend.
 
Additional key terms of this loan include:
 

  • 4.55% Fixed for 7 Years
  • 7 Year Term
  • 25 Year Amortization
  • No Prepayment Penalty
  • 68% LTC

 
Progress Capital Advisors loan programs include Fixed Rate Loans, Construction and Specialty Financing as well as Directly Funded Bridge Loans. With over $40 Billion in closed loans and $100 Million in bridge and direct lending, we will get you to the closing table … plain and simple – #thatsPROGRESS
 


CONTINUED READING:


 
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