Discover an impressive commercial real estate transaction that encapsulates efficiency and opportunity:
$600,000 Loan Amount: A substantial loan of $600,000 was secured, underlining the scale and potential of this transaction.
1st Mortgage Refinance: This transaction involves the refinancing of a first mortgage, signifying a strategic financial move for enhanced performance.
Jack in the Box Restaurant: The property in question is a Jack in the Box restaurant, a well-established and recognized brand in the fast-food industry.
Location in Sun Valley, CA: Situated in the vibrant community of Sun Valley, California, this property benefits from a strategic location in a bustling area.
60-Month Interest-Only Term: The transaction features a 60-month interest-only term, offering flexibility and financial management for the investor.
Swift Closure in 10 Days: One of the most remarkable aspects of this transaction is its rapid closure, taking just 10 days to finalize. This highlights efficiency and agility in the real estate market.
This transaction showcases a blend of strategic decision-making, a prime location, and the ability to seize opportunities swiftly. It’s a testament to the dynamic nature of commercial real estate in Sun Valley, CA, and the potential for smart investments in established brands like Jack in the Box.