Permanent Loan - Refinance
- 123,090 SF Grocery Anchored Retail
- Shelton, CT
Axiom Capital Corp. has structured and arranged a $28,500,000 permanent loan for the refinance of a 123,090 SF grocery anchored retail plaza located in Shelton, CT. The Property includes a mix of regional and local tenants offering a wide array of products and services – grocery, food, health, beauty, convenience, etc.
The Property is strategically positioned with exposure to car traffic from Bridgeport Avenue (17,400 AADT) with access to CT Route 8 (33,400 AADT) less than one mile to the north and two miles to the south. In addition, more than 43,000 households – with average household income of $132,531 – are located within five miles of the Property.