r/CommercialRealEstate
What are rates for a smaller 3m NNN retail property refi are people seeing?
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What rates are people seeing in the northeast on retail? Refi242,000 NNNGas station with d/t DunkinOwe 1.8m on it8 years into a 20 year termRent goes up 10 percent in 2 yearsTenant has a 15m NWI think it’s worth 3.25 or so Any brokers here that I can connect with? I still have 2 years of term on the loan but want to set something up for longer (more of an asset retirement setup for me personally) Probably 1/5 of my nw here. Looking for no money out. PG is okay and expected.