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Acquisition financing for medical concentrated office buildings in Indianapolis’ central business district, with access to several major highways as well as notable retail destinations
Acquisition financing for medical concentrated office buildings in Indianapolis’ central business district, with access to several major highways as well as notable retail destinations
Investment highlights
- The property is a neighborhood retail center containing 128,556 square feet of rentable area with a grocer and dollar store as its two primary tenants.
- Centrally located in the northern Atlanta suburb of Holly Springs, this property is only 34 miles from Atlanta’s central business district.
- Holly Springs has undergone significant residential housing growth as of late, with 2,000 new units currently under construction.
Location
Investment details1
Total loan size
$12,350,000
Purpose
Acquisition financing
LTV
71%
Date of loan
08/19/19
Year built
1983–1990
Square feet
192,524