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Retail

Permanent Loan - Refinance

  • $5,800,000
  • Drug Store Portfolio
  • Texas & Florida

Axiom Capital Corp. has structured and arranged permanent loans totaling $5,800,000 for the refinance of a drug store portfolio located in Texas & Florida. The portfolio consists of three free-standing stores.

Two of the properties are in Houston, Texas and one is in Merritt Island in Florida. The properties are in high-traffic areas with easy access to the neighboring communities. The stores all signed 20-year lease extensions at the time of closing.