
International and National Commercial Real Estate Lending
ALL U.S., World Wide
and OUR
HOME CITIES SEATTLE BELLEVUE & TACOMA
"projects closed everyday that banks turned away"
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Retail Properties- Retail
properties typically rely on “foot traffic” for their profitability
and are usually classified in three different ways. (please note,
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only commercially-zoned properties can be eligible for commercial
financing)
1) Anchor Tenant- such as a strip mall that is attached to a large, well-known grocery store 2) Single-Tenant- such as a large building that only houses a discount department store or stand-alone building used for retail sale purposes ![]()
3) Multi-Tenant- such as a strip mall that has several tenants, none
of which rents significantly more retail space than another
Often, a retail property may be combined with an office building or other type of property. In this case, the value of the property will be determined by its highest and best use when considering the financing options available. |