Axiom Capital has structured and arranged a $3,000,000 permanent loan for the refinance of a freestanding retail building located in Farmington, St. Francois County, Missouri.
The property was built in 2016 and contains a 51,373 square foot single tenant building with 162 surface parking spaces situated on 3.90 acres. The property is located on Bray Road (190 feet of frontage) just off Highway 67 (940 feet of frontage) with nearly 22,000 vehicles per day. St. Francois County, Missouri is in the southeastern portion Missouri, approximately 75 miles southeast of St. Louis and 145 miles southwest of Jefferson City. The County seat and largest City in St. Francois County is Farmington, which holds more than 25% of the Region’s total population. St. Francois County reported a total population of 66,922 in 2020, 18,217 of whom reside in Farmington.