Single Tenant Lease Properties

Single tenant lease financing is an attractive alternative to traditional financing

Providing competitive financing to capitalize on investment-grade rated tenants on long-term bond, NNN, NN and ground leases

We offer loans on single properties and large multifamily portfolios including single tenant retail, corporate offices, industrial and warehouse spaces, and US government leased properties.

Single tenant lease financing is a powerful tool that maximizes the financing on commercial real estate properties leased to investment-grade tenants for either existing or to-be-built properties. Benefits include:

  • Debt coverage as low as 1.0 to 1.05
  • Loans in excess of cost allowed
  • Loan term matches lease term
  • Extended term beyond primary lease possible
  • Amortization can match increases in lease payments for maximum dollars
  • 95% LTV maximum

While traditional commercial real estate loans are written against the value of the land, as well as the credit and business record of the borrower, single tenant lease financing primarily emphasizes the credit quality of the tenant and lease structure to establish a cost of borrowing. Investment-grade tenant loans tend to price and trade like bonds in the capital markets. Pricing for non-investment grade and non-rated tenants requires additional analysis to include, among other risks, the value of the real estate asset.

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Grandbridge Real Estate Capital LLC is a wholly-owned subsidiary of Truist Bank. Truist Bank is an Equal Housing Lender. Equal Housing Lender  Truist Bank, Member FDIC.

Loans are subject to credit approval, which may or may not be forthcoming. © 2024 Grandbridge Real Estate Capital LLC.