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Retail

The Madison Group Arranges $2.4 Million Construction-to-Permanent Loan for Gas Station & Convenience Store in Tennessee

July 23, 2025
Michael Estes

The Madison Group (TMG), a leading national commercial lending advisor specializing in commercial real estate loans, has arranged $2,400,000 in construction-to-permanent financing for a new gas station and convenience store development in Tennessee. Structured by experienced commercial loan advisor Michael Estes, the financing delivers 80% loan-to-cost (LTC) with a competitive 0.50% origination fee.

The 5-year loan package includes a 24-month interest-only construction period at Prime Rate (currently 7.50%), followed by a 36-month fixed phase at Prime minus 0.50% (currently 7.00%), amortized over 20 years. Monthly payments convert from interest-only to principal and interest upon stabilization. Full recourse applies.

Construction financing for gas stations and c-stores can be difficult to secure due to underwriting complexities and shifting market conditions. This successful transaction highlights TMG’s deep expertise in commercial construction loans and commitment to fueling retail and automotive-accessible development across the United States.

Deal Highlights

Loan Amount
$2,400,000
Term
5 years
LTV
80%
Amortization
20-Years

Ready to Close Your Deal?

Partner with The Madison Group to secure the best financing for your investment.

Call 435-785-8350