Tenant exposure
Smart & Final Stores in CMBS
The trusts' filings name Smart & Final Stores among the three largest tenants at properties securing 10 public CMBS loans with $143.4M outstanding. It is the largest tenant at 7 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Torrance Towne Center | Torrance, CA | Retail | $52.0M | 4.778% | Dec 2028 | 2.21x | 90% | Current |
| Pacific Town Center | Stockton, CA | Retail | $19.1M | 5.966% | Jan 2031 | 1.64x | 100% | Current |
| Stockton Plaza | Sacramento, CA | Retail | $18.5M | 3.28% | Sep 2031 | 2.33x | 91% | Current |
| El Camino Shopping Center | Santa Clara, CA | Retail | $14.5M | 4.44% | Apr 2027 | 3.07x | 95% | Current |
| Lake Mead Decatur | Las Vegas, NV | Retail | $12.0M | 2.94% | Jul 2031 | 4.38x | 100% | Current |
| Monte Vista Plaza | Tulare, CA | Retail | $7.4M | 5.085% | Jun 2028 | 2.47x | 99% | Current |
| 550 North 11th Avenue | Hanford, CA | Retail | $6.7M | 4.00% | Apr 2030 | 0.69x | 100% | Current |
| 7223-7241 Fair Oaks | Carmichael, CA | Retail | $6.0M | 3.937% | Dec 2029 | 1.00x | 50% | Current |
| Citysquare Shopping Center | Bullhead City, AZ | Retail | $4.2M | 4.56% | Jun 2029 | 2.14x | 100% | Current |
| Sahara Durango Shopping Center | Las Vegas, NV | Retail | $3.0M | 4.44% | Jan 2029 | 6.83x | 100% | Current |
Where Smart & Final Stores is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 7223-7241 Fair Oaks | Sep 2026 | Dec 2029 | $6.0M |
| Sahara Durango Shopping Center | Oct 2028 | Jan 2029 | $3.0M |
| El Camino Shopping Center | Nov 2029 | Apr 2027 | $14.5M |
| Lake Mead Decatur | May 2030 | Jul 2031 | $12.0M |
| Citysquare Shopping Center | Jul 2033 | Jun 2029 | $4.2M |
| Stockton Plaza | Dec 2033 | Sep 2031 | $18.5M |
| 550 North 11th Avenue | Jun 2035 | Apr 2030 | $6.7M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Smart & Final Stores; Smart & Final Stores, LLC; Smart and Final. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.