Retail Property Loan Closed: $3.7MM SBA 504 Acquisition Loan
Liberty SBF provided $3,747,000 in total SBA 504 financing to acquire a retail property located in Brooklyn, NY for a kosher supermarket. The Property is a 10,000 SF, single-story retail building specifically located in a densely populated residential neighborhood in south-central Brooklyn.
The store offers a complete range of grocery products including baked goods, fresh produce, beverages, frozen foods, dairy and eggs, meat and fish, paper and cleaning, health and beauty, and housewares. The grocery store has occupied this location for more than 24 years and will continue to occupy 100% of the property.