Office · Phoenix, Arizona
4041 Central
Public CMBS trusts hold $36.7M of the loan on 4041 Central at 3.66% that reaches maturity on October 11, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is delinquent: 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $36,696,440
- Original balance (same notes)
- $42,500,000
- Interest rate
- 3.66% fixed
- Originated
- October 3, 2019
- Maturity
- October 11, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4041 North Central Avenue, Phoenix, AZ 85012
- Metro
- Phoenix-Mesa-Chandler, AZ
- Rentable area
- 406,453 sq ft
- Built
- 1980, renovated 2016
- Largest tenants
- U.S. Government; Maricopa County Public Health; U.S. Government GSA
- Value at securitization
- $58.0M (Sep 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.84x | 1.90x |
| Occupancy | 68% | 71% |
| Net operating income | $4.3M | $4.4M |
| Debt yield | 12.1% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2020-C55 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since August 2026.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The filing gives Jun 2029 as the lease end date for the largest tenant (U.S. Government), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $36.7M | 30-59 days delinquent | No | 1.90x | 71% |
| August 2026 | $36.8M | 30-59 days delinquent | No | 1.90x | 71% |
| July 2026 | $36.8M | Late payment but less than 30 days delinquent | No | 1.90x | 71% |
| June 2026 | $36.9M | 30-59 days delinquent | No | 1.90x | 71% |
| May 2026 | $37.0M | 30-59 days delinquent | No | 1.95x | 75% |
| April 2026 | $37.0M | Late payment but less than 30 days delinquent | No | 1.95x | 75% |
| March 2026 | $37.1M | Late payment but less than 30 days delinquent | No | 1.95x | 75% |
| February 2026 | $37.2M | Late payment but less than 30 days delinquent | No | 1.95x | 75% |
| January 2026 | $37.2M | Late payment but less than 30 days delinquent | No | 1.95x | 75% |
| December 2025 | $37.3M | Current | No | 1.95x | 75% |
| November 2025 | $37.3M | Current | No | 1.95x | 75% |
| October 2025 | $37.5M | Late payment but less than 30 days delinquent | No | 1.61x | 69% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C18 | 11 | $19,859,250 | Sep 2026 | SEC filing, September 28, 2026 |
| Wells Fargo Commercial Mortgage Trust 2020-C55 | 15 | $16,837,191 | Sep 2026 | SEC filing, September 29, 2026 |
Other Phoenix-Mesa-Chandler loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 3900 Camelback | Phoenix, AZ | Office | $37.5M | 3.48% | Dec 2029 | 1.93x | 24% | Current |
| Embassy Suites Scottsdale | Scottsdale, AZ | Hotel | $35.5M | 5.915% | Feb 2029 | 2.02x | 81% | Current |
| Riverwalk Business Park | Scottsdale, AZ | Office | $34.5M | 7.718% | Dec 2029 | 2.39x | 95% | Current |
| Papago Gateway Center | Tempe, AZ | Office | $34.0M | 8.248% | Mar 2029 | 2.33x | 99% | Current |
| Marriott Phoenix Airport | Phoenix, AZ | Hotel | $33.9M | 4.128% | Dec 2029 | 3.79x | 69% | Current |
| Scottsdale Center | Scottsdale, AZ | Office | $24.4M | 5.145% | Jan 2029 | 2.68x | 98% | Current |
| Greenway Park Plaza | Phoenix, AZ | Retail | $19.0M | 3.80% | Oct 2029 | 2.00x | 97% | Current |
| Residence Inn - Phoenix Chandler South | Chandler, AZ | Hotel | $16.0M | 4.30% | Nov 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Phoenix-Mesa-Chandler loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.