Price Rite Store
866 Pleasant Street
Fall River, Massachusetts

The property is a 31,000 square foot steel building and is 100% occupied by a Price Rite Store. Price Rite is a subsidiary of Wakefern Foods. The property is strategically located at 866 Pleasant Street . The market will serve the local and surrounding communities.   

 

 

Doug Nickerson stated “We had originally placed a $4,000,000 construction loan on this property a few months ago. The new loan represents the permanent financing phase of the project.  We were pleased to have had the opportunity to introduce our client to a lender who provided financing through their credit tenant program, resulting not only in higher loan proceeds for our client, but highly competitive rates and terms as well.”

   

  

The $4,890,000 loan has a fixed rate for twenty years at 6.18%. It is non-recourse and amortized over 20 years. 

             For Latest Rates, Programs, Closings visit Nickerson Financial’s web site