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Successful funding of a loan for a $5,225,000 purchase of an industrial flex building

Tags: Industrial financing, Flex building, commercial loan, NNN lease
Tuesday, Jan 14, 2020
by Barb

Summary: The Madison Group (TMG), a leading national lending source of industrial flex financing nationwide, arranged the loan for a $5,225,000 purchase of an industrial flex building with an absolute NNN national tenant in Ft. Worth, TX.   

The client had a single directive and goal in mind when engaging The Madison Group to source financing: find the very best loan available that would maximize cash flow and return on investment.  Additionally, the deal had to close in 60 days to fulfill the requirement of a 1031 exchange.  The Madison Group secured a lender who ultimately competed for the deal.  The transaction closed on time with excellent rates and terms leaving the client extremely pleased with the process and product. 

 Location:  Texas 

Property:  Industrial Flex / NNN Lease

Loan Amount: $2,875,000

Interest Rate:  3.95%

Term:   5 Years

Amortization:   30 Years

Prepayment: 5, 4, 3, 2, 1  

LTV:   55%

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