NNN Property in Baton Rouge, LA
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Recent Transactions

jiffy-lube

 

 

Summary: Acquisition of a NNN leased property to Jiffy Lube in Louisiana.  Low 10 yr fixed rate with only a 5 year step down prepay penalty.
Loan Amount: $1,035,000
Property: Special Use
Location: Baton Rouge, LA
Purpose: Acquisition
Rate: 4.25% Fixed for 10 Years
Loan Term: 10 Years
Amortization: 25 Years
Prepayment Penalty: 5 Year Step-Down