Single Tenant Industrial Building

$2,000,000 47,000 SF Single Tenant Industrial Building

Location: Auburn Hills, MI
Loan Amount: $2,000,000
Term: 10 Years
Amortization: 25 Years
Execution: Life Company

District Capital was able to procure a 10-year fixed-rate, non-recourse loan for a non-investment grade tenant with 5 years of firm term remaining on its lease. Proceeds were used for improvements.