Retail · Newport News, Virginia
Walgreens Newport News
Walgreens Newport News is financed with a $3.9M CMBS loan at 4.12% that reaches maturity on September 6, 2030, in 3 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,900,000
- Original balance (same notes)
- $3,900,000
- Interest rate
- 4.12% fixed
- Originated
- August 20, 2020
- Maturity
- September 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2030
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 600 J. Clyde Morris Boulevard, Newport News, VA 23601
- Metro
- Virginia Beach-Chesapeake-Norfolk, VA-NC
- Rentable area
- 15,020 sq ft
- Built
- 1999
- Largest tenants
- WALGREENS STORE
- Value at securitization
- $6.1M (Aug 2020)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.94x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $316K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2020-C8 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.9M | Current | No | n/a | n/a |
| August 2026 | $3.9M | Current | No | n/a | n/a |
| July 2026 | $3.9M | Current | No | n/a | n/a |
| June 2026 | $3.9M | Current | No | n/a | n/a |
| May 2026 | $3.9M | Current | No | n/a | n/a |
| April 2026 | $3.9M | Current | No | 1.33x | 100% |
| March 2026 | $3.9M | Current | No | 1.33x | n/a |
| February 2026 | $3.9M | Current | No | 1.33x | n/a |
| January 2026 | $3.9M | Current | No | 1.33x | n/a |
| December 2025 | $3.9M | Current | No | 1.33x | n/a |
| November 2025 | $3.9M | Current | No | n/a | n/a |
| October 2025 | $3.9M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2020-C8 | 38 | $3,900,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Virginia Beach-Chesapeake-Norfolk loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| City Center at Oyster Point | Newport News, VA | Mixed use | $57.8M | 6.82% | Oct 2030 | n/a | n/a | Current |
| Storage Depot - Virginia Beach | Virginia Beach, VA | Self storage | $51.5M | 6.65% | Jan 2030 | 1.23x | 92% | Current |
| Cottage Grove Apartments | Newport News, VA | Multifamily | $43.0M | 6.26% | Mar 2030 | 1.13x | 92% | Current |
| Pillars at Great Bridge | Chesapeake, VA | Multifamily | $27.0M | 5.57% | Dec 2030 | n/a | n/a | Current |
| Residence Inn Chesapeake | Chesapeake, VA | Hotel | $26.0M | 7.52% | Aug 2030 | n/a | n/a | Current |
| Peninsula Town Center, Hampton (2030 maturity) | Hampton, VA | Office | $16.2M | 4.25% | Jul 2030 | n/a | n/a | With the special servicer |
| Mercury Plaza | Hampton, VA | Retail | $12.5M | 3.06% | Dec 2030 | n/a | n/a | Current |
| Chesapeake | Chesapeake, VA | Industrial | $10.6M | 4.04% | Aug 2030 | 3.54x | 100% | Current |
All loans maturing in 2030 · All Virginia Beach-Chesapeake-Norfolk 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.