Tenant exposure
Lowe's Food Stores in CMBS
The trusts' filings name Lowe's Food Stores among the three largest tenants at properties securing 3 public CMBS loans with $28.5M outstanding. It is the largest tenant at 3 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shoppes at Waterford | Burlington, NC | Retail | $13.1M | 7.94% | Nov 2033 | 1.38x | 100% | Current |
| Wellington Park | Cary, NC | Retail | $10.0M | 5.53% | Mar 2029 | 2.01x | 100% | Current |
| Freeway Crossing | Reidsville, NC | Retail | $5.4M | 6.37% | Jan 2030 | 1.72x | 92% | Current |
Where Lowe's Food Stores is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Shoppes at Waterford | Feb 2028 | Nov 2033 | $13.1M |
| Wellington Park | Sep 2029 | Mar 2029 | $10.0M |
| Freeway Crossing | Dec 2029 | Jan 2030 | $5.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: LOWES FOOD; Lowe's Food 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.