Office · Cape Canaveral, Florida
7315-7321 North Atlantic Avenue
7315-7321 North Atlantic Avenue, Cape Canaveral, FL · Google Maps
7315-7321 North Atlantic Avenue is financed with a $7.5M CMBS loan at 7.082% that reaches maturity on October 6, 2031, in 4 years and 11 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $7,500,000
- Original balance (same notes)
- $7,500,000
- Interest rate
- 7.082% fixed
- Originated
- September 11, 2026
- Maturity
- October 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 7315-7321 North Atlantic Avenue, Cape Canaveral, FL 32920
- Metro
- Palm Bay-Melbourne-Titusville, FL
- Rentable area
- 71,517 sq ft
- Built
- 1961, renovated 2025
- Largest tenants
- Blue Origin Manufacturing, LLC
- Value at securitization
- $13.4M (Jul 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.78x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $958K | n/a |
Comparable loans: office properties in Palm Bay-Melbourne-Titusville, FL, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-V24 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC October 26, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Nov 2026.
Operating statement
| Annual | At securitization | Latest | Per sq ft |
|---|---|---|---|
| Revenue | $1.4M | n/a | |
| Operating expenses | $399K | n/a | |
| Net operating income | $958K | n/a | |
| Net cash flow | $908K | n/a | |
| Expense ratio | 29.4% | n/a |
From the servicer's Schedule AL report; 71,517 sq ft; renovated 2025.
Largest tenants
| Tenant | Sq ft | Share of building | Lease ends |
|---|---|---|---|
| Blue Origin Manufacturing, LLC | 71,517 | 100% | Jan 2036 |
Red: the lease ends before the loan matures.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V24 Mortgage Trust | 28 | $7,500,000 | Nov 2026 | SEC filing, October 26, 2026 |
Other Palm Bay-Melbourne-Titusville loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Viera Village Shopping Center | Rockledge, FL | Retail | $9.4M | 3.30% | Sep 2031 | 2.12x | 87% | Not reported |
| Atlantic Surf Apartments | Cocoa Beach, FL | Multifamily | $5.0M | 4.43% | Jul 2031 | 1.90x | 94% | Current |
| Fresenius Medical Center Melbourne | Melbourne, FL | Office | $3.6M | 3.98% | Nov 2031 | 2.27x | 100% | Current |
All loans maturing in 2031 · All Palm Bay-Melbourne-Titusville loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.