Tenant

Costco Wholesale Corporation

Location

Bayonne, NJ

Loan Type

CTL Ground Lease Financing

  • Loan Size

    $28,000,000

  • Term

    24+ Years

  • Building Size

    158,000 SF

Description

NNN Ground Lease Backed Credit Tenant Lease financing for a 15+ acre property improved with a recently completed 158k SF retail store with an 18-pump gas station constructed at the sole cost of the tenant.