Los Angeles, California – NNN Commercial Real Estate news for the day is on Investment Property financing. We found through our research with our affiliates that Investment Property financing is still available for CTL Financing. NNN Commercial Real Estate and Retail Shopping Centers in California are exceptionally prime for Commercial Loans. Our news is on a Los Angeles area NNN Commercial Real Estate development obtaining a substantial Commercial Mortgage.
Commercial Mortgage Lenders arranged funding to finance a $35 million on this NNN Commercial Real Estate development. This NNN Commercial Real Estate development is located in Hawthorne, California. Hawthorne is a vibrant, growing city located in southwestern Los Angeles County. The NNN Commercial Real Estate development that was refinanced is called the Oceangate Commerce Center. This NNN Commercial Real Estate development is sitting in a dense trade area with a population of over 607,497 people living within a five-mile radius.
Commercial Real Estate Developments
The California NNN Commercial Real Estate development is situated at the easterly end of what is local residents call the “Rosecrans Corridor” in the South Bay Region of Los Angeles County. This thoroughfare, Rosecrans Avenue is the major east – west artery going from the San Diego Freeway (405) through to the wealthy and beautiful Beach communities of Manhattan Beach, Hermosa Beach, and Redondo Beach. This retail district is also suited to pull in traffic from the City of El Segundo. The NNN Commercial Real Estate development has excellent visibility from the (405) San Diego Freeway.
Refinance Commercial Property
This refinanced NNN Commercial Real Estate development is nearby the Los Angeles International Airport and Century City. Century City has many Top Companies from the film, television, and music industries. This NNN Commercial Real Estate development will have the benefit of some premier net lease properties Tenants to pay down the new Commercial Loan.
These net leased property tenants are Food 4 Less, Ross Dress For Less, Office Depot, Sportsmart, Michaels, Payless Shoe Source, Starbucks Coffee and Verizon. This California NNN Commercial Real Estate was constructed in 1996.The Cheap California Car Insurance staff is looking leasing space here. The Oceangate Commerce Center is approximately 182,699 square-feet. Also located nearby are net lease property Tenants such as Pizza Hut and Del Taco.
Oceangate Commerce Center is positioned in a busy, well traveled retail shopping district. This NNN Commercial Real Estate is part of a much larger Power Center, a main retail shopping center in the area. This NNN Commercial Real Estate development is shadow-anchored by additional prime net lease properties Tenants such as Home Depot, Best Buy, and many more net lease Tenants. In addition, this area had South Bay Ford build a new retail auto sales facility. Retail Customers can shop cars on approximately 7.3 acres positioned at the north end of this NNN Commercial Real Estate development.
Commercial Mortgage Lenders
As far as the Commercial Loan terms, we saw that Commercial Mortgage Lenders secured capital in a fairly short time frame. Commercial Mortgage Lenders worked to put together this Commercial Loan with a 15-year term. The refinanced Commercial Loan has a 30 year amortization schedule and is prepared to be serviced by the Commercial Mortgage Lenders who represented the Borrower. This NNN Commercial Real Estate development that was refinanced is owned by The Arba Group.
The NNN Commercial Property Owners, The Arba Group, are a major commercial real estate and retail shopping center development firm. This (CRE) commercial real estate firm is currently based in Los Angeles, California. This commercial real estate development company is well aware of how to utilize Net Lease Funding to continue to grow.
The NNN Commercial Property Owners, The Arba Group, focus primarily on Investment Properties in the immense Los Angeles, California area. The Arba Group has control of an Investment Property portfolio that consists of about 1.29 million square feet of leaseable space. The Arba Group has Office headquarters on the premier street of Wilshire Boulevard in Los Angeles, California. Our affiliates also reported that Investment Property financing is accessible for institutional quality NNN Commercial Real Estate in Los Angeles County.
Contact us to buy Net Lease Properties and to sell your net lease properties. Also check out purchasing NNN Property for 1031 exchange opportunities.