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Permanent Loan - Acquisition

  • $2,000,000
  • 10,600 sf Stand Alone Drug Store
  • West Palm Beach, FL

Axiom Capital Corporation announces the closing of a $2,000,000 permanent loan for the purchase of a 10,600 SF free standing building occupied by CVS in West Palm Beach, FL. The subject property is well-positioned at a dense intersection, benefitting from its proximity to the local High school and Elementary School as well as a strong traffic count. As of March 2017, the intersection experiences an average daily volume of 19,700 with steady growth over the years.