CommCap Advisors Finances Wynn Road Business Center

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WRBCWynn Road Business Center: WRBC is a warehouse/distribution building built in 1997 consisting of 6 grade level overhead doors and 22 dock high doors. Clear heights throughout the warehouse facility range from 24 to 26 feet and there is roughly 10% of office build-out. The building is finished with white-toned paint and red trim accents and includes ample area for signage above the office entrances.

 

 

Loan info:

Type of transaction: Loan- Life Company

Address: 5475 Wynn Road, Las Vegas NV 89118

Borrower: Wynn Road LLC

Mortgage Broker: Kyle Nagy of CommCap Advisors (knagy@commcapnv.com)

Loan Amount: $6,100,000

Total square feet: 127,617

Details: The property had a choppy occupancy history and near term tenant rollover, but CommCap was able to overcome those challenges and deliver a long term, fixed rate, non-recourse loan at the requested loan amount and a below market interest rate.

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