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property record · Retail

5850 WEST HIGHWAY 74

Commercial property in Indian Trail, Union County, North Carolina. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: RetailSQ FT: 102,360BUILT: 1999Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/2845ac23-8b18-49fb-bd64-959da2be064f

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2023-12-311,061,2982,730,0731,668,7751.79evidence →
2023-09-30681,1122,228,8091,547,6971.15evidence →
2023-06-30574,5412,239,8841,665,3430.97evidence →
2022-12-311,003,8932,874,7991,870,9061.70evidence →
2022-09-301,047,0602,523,1221,476,0622.36evidence →
2021-09-301,236,6313,143,3991,906,7682.09evidence →
2021-06-301,124,4092,985,3051,860,8961.90evidence →
2021-03-31909,4732,844,2841,934,8111.54evidence →
2020-12-31907,9772,868,9811,961,0041.53evidence →
2020-09-30974,5862,957,0381,982,4521.65evidence →
2020-06-30994,8242,950,7471,955,9231.68evidence →
2020-06-30524,213648,731124,5182.19evidence →
2020-03-311,048,1032,984,0281,935,9251.77evidence →
2019-12-311,038,9322,953,4141,914,4821.76evidence →
2019-09-30998,9112,888,3121,889,4011.69evidence →
2019-06-30963,0282,812,0831,849,0551.63evidence →
2019-03-31257,627689,806432,1791.74evidence →
2018-12-31892,4942,742,6541,850,1601.51evidence →
2018-09-30725,0742,072,3701,347,2961.63evidence →
2018-03-31221,272661,344440,0721.50evidence →
2017-09-30721,2102,092,1181,370,9081.63evidence →
2017-06-30952,7481,272,845320,0971.99evidence →
2016-12-311,082,6212,634,5511,551,9301.83evidence →
2016-12-311,097,0592,627,3531,530,2941.85evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001696707", "entity_ref": "74fbc638-fb30-4c20-9ac4-87843a993f55", "originator": "Ladder Capitaevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "34"}evidence →
address{"zip": "28079", "city": "Indian Trail", "state": "NC", "county": "Union", "address": "5850 WEST HIGHWAY 74"}evidence →
occupancy{"basis": "most_recent", "value": 0.85}evidence →
sqft{"basis": "most_recent", "value": 102360}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Retail", "value": "RT"}evidence →
units{"basis": "securitization", "value": 242}evidence →
valuation{"basis": "securitization", "amount": 11750000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 11800000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1999}evidence →