Tenant exposure
Grocery Outlet in CMBS
The trusts' filings name Grocery Outlet among the three largest tenants at properties securing 8 public CMBS loans with $89.3M outstanding. It is the largest tenant at 4 of them. 1 of those loans (12.3% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Beltway Marketplace | Las Vegas, NV | Retail | $14.8M | 6.344% | Sep 2031 | n/a | n/a | Current |
| Los Osos Shopping Center | Los Osos, CA | Retail | $12.0M | 3.17% | Aug 2031 | 2.68x | 82% | Current |
| Chatsworth Retail Portfolio | Los Angeles, CA | Retail | $11.7M | 6.26% | Apr 2033 | n/a | n/a | Current |
| Big Bear Lake Shopping Center | Big Bear Lake, CA | Retail | $11.3M | 6.28% | Dec 2030 | n/a | n/a | Current |
| Tahoma Vista | Tacoma, WA | Retail | $11.1M | 7.45% | Apr 2029 | 0.45x | 61% | Late, less than 30 days |
| Plaza Hillcrest | Thousand Oaks, CA | Retail | $11.0M | 4.079% | Feb 2032 | 2.42x | 100% | Current |
| Knights Road Shopping Center | Philadelphia, PA | Retail | $11.0M | 4.962% | Apr 2027 | n/a | n/a | With the special servicer |
| Grocery Outlet - Truckee | Truckee, CA | Mixed use | $6.6M | 3.841% | Mar 2031 | 2.78x | 100% | Current |
Where Grocery Outlet is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Beltway Marketplace | Jan 2029 | Sep 2031 | $14.8M |
| Plaza Hillcrest | Jan 2032 | Feb 2032 | $11.0M |
| Knights Road Shopping Center | Dec 2033 | Apr 2027 | $11.0M |
| Grocery Outlet - Truckee | Jun 2035 | Mar 2031 | $6.6M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: GROCERY OUTLET; GROCERY OUTLET INC; Grocery Outlet; Grocery Outlet Inc.; Grocery Outlet, Inc. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.