$1,770,000 Acquisition loan | 77% LTV | 76 Branded Gas Station
- Loan Amount
- $1,770,000
- Property Type
- Gas Station
- Area
- Salem, Oregon
- Purpose
- Bridge Acquisition Loan
- Brand
- 76
First Financial Capital successfully provided $1,700,000 in bridge financing for the acquisition of a 76 branded gas station located in Salem, Oregon.
The asset sites on a .34 acre corner lot and includes a 2,000SF convenience store with 4 MPDs.
Located in a densely populated residential area, the site benefits from strong convenience store sales while also serving as a compelling covered land play due to the underlying real estate.
