Recently Financed! MMCC Arranges Cash-Out Refinance for Net-Lease Discount Store in Missouri
Marcus & Millichap Capital Corp (MMCC) recently arranged a $665,000 cash-out refinance loan for a Dollar General property with two years remaining on the lease term in a tertiary market in Missouri. Rates and terms as follows:
- Loan Amount: $665,000
- Interest Rate: 4.35%
- Loan Term: 10-years
- Amortization: 25-years
- Loan to Value: 70%
- Prepayment: Declining
MMCC is a leading source of commercial real estate capital nationwide. In 2019, the firm sourced and closed more than $6.68 billion in debt and equity financing structures through 1,826 capital markets transactions across the U.S.
MMCC secures the most competitive financing available in the marketplace for our clients’ acquisition, refinance and development needs.