Retail · Callahan, Florida
Callahan Plaza
Callahan Plaza is financed with a $3.4M CMBS loan at 4.87% that reaches maturity on June 6, 2027, in 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,384,295
- Original balance (same notes)
- $4,050,000
- Interest rate
- 4.87% fixed
- Originated
- May 18, 2017
- Maturity
- June 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 450076 State Road 200, Callahan, FL 32011
- Metro
- Jacksonville, FL
- Rentable area
- 91,685 sq ft
- Built
- 1973, renovated 2016
- Largest tenants
- Aldi Food Store; Gibson Mcdonald Furniture; O'Reilly Auto Parts
- Value at securitization
- $5.7M (Apr 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.67x | 1.80x |
| Occupancy | 94% | 91% |
| Net operating income (annualized from 6 months) | $429K | $465K |
| Debt yield | 13.8% |
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 Benchmark 2018-B1 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Matures within 12 months
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
- Net operating income is 9% above the underwritten figure ($465K a year against $429K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.67x at securitization to 1.80x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.4M | Current | No | 1.80x | 91% |
| August 2026 | $3.4M | Current | No | 1.80x | 91% |
| July 2026 | $3.4M | Current | No | 1.79x | 91% |
| June 2026 | $3.4M | Current | No | 1.79x | 91% |
| May 2026 | $3.4M | Current | No | 1.79x | 91% |
| April 2026 | $3.4M | Current | No | 1.70x | 100% |
| March 2026 | $3.4M | Current | No | 1.70x | 100% |
| February 2026 | $3.4M | Current | No | 1.68x | 100% |
| January 2026 | $3.4M | Current | No | 1.68x | 100% |
| December 2025 | $3.5M | Current | No | 1.68x | 100% |
| November 2025 | $3.5M | Current | No | 1.68x | 100% |
| October 2025 | $3.5M | Current | No | 1.89x | 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 |
|---|---|---|---|---|
| Benchmark 2018-B1 Mortgage Trust | 46 | $3,384,295 | Sep 2026 | SEC filing, October 1, 2026 |
Other Jacksonville loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hyatt Regency Jacksonville | Jacksonville, FL | Hotel | $73.6M | 6.868% | Oct 2027 | 4.47x | 72% | Current |
| 501 Riverside Avenue | Jacksonville, FL | Office | $28.4M | 4.27% | Jul 2027 | 2.16x | 98% | Current |
| At Home - Orange Park Individual Property | Orange Park, FL | Retail | $21.4M | 4.419% | Oct 2027 | n/a | n/a | Current |
| Holiday Inn Express - Jacksonville Beach | Jacksonville Beach, FL | Hotel | $5.9M | 4.77% | Aug 2027 | 1.90x | 87% | Current |
| Holiday Inn Express And Suites Saint Augustine | Saint Augustine, FL | Hotel | $5.8M | 4.918% | Aug 2027 | n/a | n/a | Current |
| Amsdell - Amelia Island 2.0 | Amelia Island, FL | Self storage | $5.1M | 4.28% | Nov 2027 | 5.73x | 81% | Current |
| Clay Plaza | Orange Park, FL | Retail | $1.4M | 5.12% | May 2027 | n/a | n/a | Current |
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.