Transaction Overview
George Smith Partners arranged $3,669,250 in permanent financing for a NNN single-tenant Rite-Aid retail property in Mechanicsburg, Pennsylvania. The 10-year fixed-rate loan at 4.98% with 30-year amortization features no prepayment penalty, providing maximum sponsor flexibility. The tenant lease extends 26 years (expiring at loan maturity) with four 5-year renewal options at fixed rents.
