Retail · Walterboro, South Carolina
Walgreens Walterboro
Walgreens Walterboro is financed with a $2.9M CMBS loan at 5.05% that reaches maturity on February 6, 2027, in 3 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $2,944,956
- Original balance (same notes)
- $3,300,000
- Interest rate
- 5.05% fixed
- Originated
- January 10, 2017
- Maturity
- February 6, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- March 5, 2019
- Prepayment premium ends
- November 5, 2026
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1326 North Jefferies Boulevard, Walterboro, SC 29488
- Rentable area
- 14,550 sq ft
- Built
- 2005
- Largest tenants
- Walgreens Walterboro
- Value at securitization
- $5.2M (Nov 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.52x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $309K | $655K |
| Debt yield | 22.3% |
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 CD 2017-CD3 Mortgage Trust filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- 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 112% above the underwritten figure ($655K a year against $309K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 1.52x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $2.9M | Current | No | 1.52x | 100% |
| September 2026 | $3.0M | Current | No | 1.52x | 100% |
| August 2026 | $3.0M | Current | No | 1.52x | 100% |
| July 2026 | $3.0M | Current | No | 1.01x | 100% |
| June 2026 | $3.0M | Current | No | 1.01x | 100% |
| May 2026 | $3.0M | Current | No | n/a | n/a |
| April 2026 | $3.0M | Current | No | 1.02x | 100% |
| March 2026 | $3.0M | Current | No | 1.02x | 100% |
| February 2026 | $3.0M | Current | No | 1.02x | 100% |
| January 2026 | $3.0M | Current | No | 1.02x | 100% |
| December 2025 | $3.0M | Current | No | 1.02x | 100% |
| November 2025 | $3.0M | Current | No | 1.02x | 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 |
|---|---|---|---|---|
| CD 2017-CD3 Mortgage Trust | 52 | $2,944,956 | Oct 2026 | SEC filing, October 22, 2026 |
Other South Carolina loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Benefitfocus HQ | Charleston, SC | Office | $40.0M | 3.99% | Jan 2027 | 3.29x | 100% | Current |
| Capitol Center | Columbia, SC | Office | $28.4M | 4.12% | Oct 2027 | 3.01x | 86% | Current |
| Advance Auto - Mount Pleasant | Mt. Pleasant, SC | Retail | $15.8M | 5.172% | Aug 2027 | n/a | n/a | Late, less than 30 days |
| Low Country Village | Bluffton, SC | Retail | $13.7M | 4.26% | Jul 2027 | 2.77x | 100% | Current |
| Easley Town Center - Back Eastern Strip | Easley, SC | Retail | $5.9M | 4.69% | May 2027 | 1.56x | 95% | Current |
| Towneplace Suites Aiken | Aiken, SC | Hotel | $5.7M | 4.80% | Jul 2027 | 2.17x | 67% | Current |
| Carolina Center Business Park | West Columbia, SC | Mixed use | $5.6M | 4.64% | Sep 2027 | 2.28x | 100% | Current |
| Gresham Plaza | Simpsonville, SC | Retail | $5.3M | 4.00% | Aug 2027 | 3.05x | 100% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.