Tenant exposure
Guitar Center stores in CMBS
The trusts' filings name Guitar Center stores among the three largest tenants at properties securing 8 public CMBS loans with $202.8M outstanding. It is the largest tenant at 4 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Redmond Town Center | Redmond, WA | Retail | $121.5M | 6.70% | Mar 2030 | 1.46x | 87% | Current |
| Midtown Shopping Center | Anchorage, AK | Retail | $25.0M | 4.445% | May 2032 | 2.27x | 81% | Current |
| Asheville Market Place | Asheville, NC | Retail | $21.9M | 4.92% | Mar 2028 | 1.70x | 92% | Current |
| Forum at the Soncy | Amarillo, TX | Retail | $11.4M | 4.073% | Jun 2027 | 1.39x | 88% | Current |
| Hale Road Plaza | Manchester, CT | Retail | $7.0M | 3.655% | Nov 2029 | 2.03x | 91% | Current |
| Bedford Park Shoppes | Chicago, IL | Retail | $6.7M | 4.686% | Jul 2027 | 1.76x | 100% | Current |
| Westgate Shopping Center, San Antonio | San Antonio, TX | Retail | $6.5M | 4.06% | Sep 2031 | 2.04x | 98% | Current |
| La Mirage Shopping Center | Southfield, MI | Retail | $2.8M | 4.87% | Nov 2026 | 2.53x | 100% | Current |
Where Guitar Center stores is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Bedford Park Shoppes | Jan 2027 | Jul 2027 | $6.7M |
| La Mirage Shopping Center | Jan 2027 | Nov 2026 | $2.8M |
| Redmond Town Center | May 2030 | Mar 2030 | $121.5M |
| Westgate Shopping Center, San Antonio | Nov 2031 | Sep 2031 | $6.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: GUITAR CENTER STORES, INC.; Guitar Center; Guitar Center stores Inc.; guitar Center Stores, 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.