Retail · Murray, Utah
9th Street Marketplace
9th Street Marketplace is financed with a $10.8M CMBS loan at 5.15% that reaches maturity on January 11, 2029, in 2 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,833,583
- Original balance (same notes)
- $11,650,000
- Interest rate
- 5.15% fixed
- Originated
- December 20, 2018
- Maturity
- January 11, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- October 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5600, 5664 and 5672 South 900 East, Murray, UT 84121
- Metro
- Salt Lake City-Murray, UT
- Rentable area
- 62,523 sq ft
- Built
- 1963, renovated 2001
- Largest tenants
- Petsmart; Macey's Inc.; Rumble Murray LLC
- Value at securitization
- $16.6M (Nov 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.35x | 1.66x |
| Occupancy | 93% | 100% |
| Net operating income (annualized from 6 months) | $1.0M | $1.3M |
| Debt yield | 11.8% |
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 2019-C49 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Occupancy has risen from 93% when the loan was securitized to 100%.
- Net operating income is 24% above the underwritten figure ($1.3M a year against $1.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.35x at securitization to 1.66x on the latest statements.
- The filing gives Mar 2028 as the lease end date for the largest tenant (Petsmart), 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 | $10.8M | Current | No | 1.66x | 100% |
| August 2026 | $10.8M | Current | No | 1.60x | 100% |
| July 2026 | $10.9M | Current | No | 1.60x | 100% |
| June 2026 | $10.9M | Current | No | 1.60x | 100% |
| May 2026 | $10.9M | Current | No | 1.78x | 100% |
| April 2026 | $10.9M | Current | No | 1.78x | 100% |
| March 2026 | $10.9M | Current | No | 1.64x | 100% |
| February 2026 | $10.9M | Current | No | 1.64x | 100% |
| January 2026 | $11.0M | Current | No | 1.64x | 100% |
| December 2025 | $11.0M | Current | No | 1.64x | 100% |
| November 2025 | $11.0M | Current | No | 1.81x | 100% |
| October 2025 | $11.0M | Current | No | 1.81x | 100% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C49 | 20 | $10,833,583 | Sep 2026 | SEC filing, September 29, 2026 |
Other Salt Lake City-Murray loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| City Creek Center | Salt Lake City, UT | Retail | $70.0M | 7.63% | May 2029 | 2.87x | 84% | Current |
| Raddon Union Heights | Sandy, UT | Office | $28.7M | 3.75% | Sep 2029 | 0.49x | 42% | With the special servicer and 60-89 days delinquent |
| Onset Financial Building | Draper, UT | Office | $10.7M | 4.80% | Jun 2029 | 1.61x | 100% | Current |
| Brickyard Plaza | Salt Lake City, UT | Retail | $4.0M | 3.946% | Nov 2029 | 4.39x | 100% | Current |
| Walgreens West Valley Ut | West Valley City, UT | Retail | $3.4M | 3.80% | Nov 2029 | 2.25x | 100% | Current |
All loans maturing in 2029 · All Salt Lake City-Murray 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.