Current interest rate ballpark

I’m just doing some preliminary number crunching for a corporate backed net-leases (e.g. family dollar, dollar general few have 9-10% cap with 10yr leases) and wanted to know the average interest rate I can get while financing in the current market. Say 80% LTV, 20 (25?) amortization, nonrecourse if such terms are even realistic?
In Buying Property - Asked by Alexander K. - Jul 31, 2011
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Answer(s)

Cliff R.
Owner/Investor
Olympia, WA

We currently purchased a building in AZ. Our lender (USbank) had an interest rate on terms of 25% down, 25 year amortization of 5.13% on 495,000 borrowed.

Aug 4, 2011
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Alexander K.
Tenant
Philadelphia, PA

Cliff, thanks for reply, the rate is lower then i have expected. How long is the term for? And would you say that 5.13 is the average or the lowest possible right now i.e. would it be possible to go even lower 5%? with more ideal investment?

Aug 8, 2011
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Cliff R.
Owner/Investor
Olympia, WA

It's a 5 year term. I don't know about other lenders, but we have excellenxtt credit and a good relationship.

Aug 14, 2011
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