NNN Retail Sale Leaseback - Denver, CO
$4,150,000 loan arranged by PlattPointe Capital.
DENVER, CO - PlattPointe Capital arranged a $4.15MM sale-leaseback for two stand-alone retail locations in Denver, CO. The two buildings are comprised of 10,000 square feet of leasable space having had low historical improvement costs and high tenant retention. PlattPointe was able to close the financing quickly in order to help the sponsor meet some expansion deadlines.
Sale-Leaseback Terms
• Amount: $4,150,000
• Lease Type: NNN
• Lease Term: 15 years
• Building Sq. Ft.: 10,000
Transaction Highlights
The concept of sale-leaseback enables a business to free up capital in a real estate asset by selling the asset and leasing back that same asset from the purchaser. These transactions have been extremely successful in recent years in freeing up capital invested in real estate. Many different types of businesses have taken part in sales-leaseback transactions including owner-occupied office, industrial retail, banks, restaurant chains and convenience stores.
About PlattPointe Capital:
PlattPointe Capital LLC is a boutique commercial real estate capital advisory firm that helps developers and investors navigate the capital markets by arranging optimal alternative debt and equity options for a client’s project. Our vision is to engineer the most efficient capital stack based on the constraints of a given project and sponsor’s needs.
More information can be found at www.plattpointe.com.
More information can be found at www.plattpointe.com.
For any inquiries nationwide, please contact:
Jason Aubrey | 303.598.3876 | jason@plattpointe.com
Creighton Bildstein | 303.589.4258 | creighton@plattpointe.com
Matthew Biegner | 720.470.7706 | matt@plattpointe.com
TRANSACTION BY THE NUMBERS
Square Feet of Retail
$4.1M
Loan Amount
15
Year NNN Lease
10K