property record · Retail
1416 South Main Street
Commercial property in Adrian, Lenawee County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2026-03-31 | 220,651 | 531,726 | 311,075 | 1.52 | evidence → |
| 2025-12-31 | 911,230 | 1,919,430 | 1,008,200 | 1.55 | evidence → |
| 2025-09-30 | 734,103 | 1,468,843 | 734,740 | 1.66 | evidence → |
| 2025-06-30 | 463,935 | 1,010,804 | 546,869 | 1.58 | evidence → |
| 2025-03-31 | 51,132 | 405,736 | 354,604 | 0.35 | evidence → |
| 2024-05-31 | 739,523 | 1,537,608 | 798,085 | 1.26 | evidence → |
| 2024-05-31 | 975,565 | 1,801,501 | 825,935 | 1.66 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002029929", "entity_ref": "3ac76fe5-5bd5-40c6-b62b-cb7bd93130fe", "originator": "Bank of Ameri | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "22"} | evidence → |
| address | {"zip": "49221", "city": "Adrian", "state": "MI", "county": "Lenawee", "address": "1416 South Main Street"} | evidence → |
| occupancy | {"basis": "securitization", "value": 0.74} | evidence → |
| sqft | {"basis": "most_recent", "value": 199828} | evidence → |
| status | {"label": "Defeased", "value": "3"} | evidence → |
| type | {"label": "Retail", "value": "RT"} | evidence → |
| valuation | {"basis": "securitization", "amount": 14100000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| valuation | {"basis": "securitization", "amount": 19500000, "currency": "USD"} | evidence → |
| year built | {"value": 2016} | evidence → |