Retail · Deltona, Florida
Walgreens Deltona, Fl
Walgreens Deltona, Fl is financed with a $3.5M CMBS loan at 4.22% that reaches maturity on October 1, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,550,000
- Original balance (same notes)
- $3,550,000
- Interest rate
- 4.22% fixed
- Originated
- September 2, 2020
- Maturity
- October 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 31, 2030
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1700 North Normandy Boulevard, Deltona, FL 32725
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- Rentable area
- 13,361 sq ft
- Built
- 2006
- Largest tenants
- Walgreens
- Value at securitization
- $5.5M (Jul 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.00x | 2.08x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $304K | $316K |
| Debt yield | 8.9% |
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 BANK 2020-BNK29 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Largest tenant's lease ends 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
- The filing gives Jul 2027 as the lease end date for the largest tenant (Walgreens), 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 | $3.5M | Current | No | 2.08x | 100% |
| August 2026 | $3.5M | Current | No | 2.08x | 100% |
| July 2026 | $3.5M | Current | No | 2.08x | 100% |
| June 2026 | $3.5M | Current | No | 2.08x | 100% |
| May 2026 | $3.5M | Current | No | 2.08x | 100% |
| April 2026 | $3.5M | Current | No | 2.02x | 100% |
| March 2026 | $3.5M | Current | No | 2.02x | 100% |
| February 2026 | $3.5M | Current | No | 2.02x | 100% |
| January 2026 | $3.5M | Current | No | 2.01x | 100% |
| December 2025 | $3.5M | Current | No | 2.00x | 100% |
| November 2025 | $3.5M | Current | No | 2.00x | 100% |
| October 2025 | $3.5M | Current | No | 2.00x | 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 |
|---|---|---|---|---|
| BANK 2020-BNK29 | 38 | $3,550,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Deltona-Daytona Beach-Ormond Beach loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Daytona Beach Oceanfront Resort | Daytona Beach, FL | Hotel | $82.5M | 6.663% | Oct 2030 | n/a | n/a | Current |
| Pavilion at Port Orange | Port Orange, FL | Retail | $43.0M | 5.933% | Oct 2030 | 2.40x | 94% | Current |
| Springhill Suites - New Smyrna Beach | New Smyrna Beach, FL | Hotel | $17.9M | 4.06% | Jan 2030 | n/a | n/a | Current |
| Fairfield Inn Daytona Beach | Daytona Beach, FL | Hotel | $17.0M | 7.382% | Aug 2030 | 2.44x | 81% | Current |
| Best Western Aku Tiki | Daytona Beach, FL | Hotel | $14.5M | 7.55% | Nov 2030 | n/a | n/a | Current |
| West Volusia Town Center | Orange City, FL | Retail | $11.0M | 4.187% | Feb 2030 | 2.68x | 100% | Current |
| All Aboard Storage - Port Orange Depot | Port Orange, FL | Self storage | $8.0M | 3.49% | Mar 2030 | 2.95x | 72% | Current |
| All Aboard Storage - Holly Hill Depot | Holly Hill, FL | Self storage | $3.2M | 3.49% | Mar 2030 | 2.64x | 81% | Current |
All loans maturing in 2030 · All Deltona-Daytona Beach-Ormond Beach 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.