Single Tenant Industrial Office

Loan Purpose:

Cash-Out Refinance

Asset Class:

Industrial

Loan Amount:

1,250,000

Details

An investment firm and AVANA Companies recently signed a contract to purchase a single tenant industrial (Light Manufacturing) building located in Clinton Township, Michigan.

AVANA Companies will fund $1,250,000 of the purchase price of the property.

The property was built in 1988, it is a single-tenant building and is currently leased 100%.

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