I'm seeking an 10 yr. 4% fixed interest only non recourse asset based loan w/no upfront fees, points built into the loan, no prepayment penalties, no doc no personal guarantee funding for the following:
Family Dollar
Purchase Price: $1.3m
NOI: $107,518
Cap rate: 6.25%
Lease Type: NNN with 15yrs. remaining (with 6 five year lease options with rent increases @ 5%)
Lease Expiration: 2032
Turnkey, te…