Big Lots - Tremont, PA
An industrial property in Tremont, Pennsylvania. Securitized in 1 CMBS deal in 2023.
$169.4MAppraised value (latest deal)
100.0%Occupancy
$8.5MUnderwritten NOI
5.0%Implied cap rate
- Address
- 50 Rausch Creek Road, Tremont, PA 17981
- Property type
- Industrial · Warehouse / Distribution
- Year built
- 2000
- Size
- 1,294,548 SF
- Sponsor
- Blue Owl Capital, Inc. and Oak Street Real Estate Capital, LLC
- Loan purpose
- Recapitalization
- Largest tenant
- Big Lots
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-C5 | 2023-06-21 | $169.4M | 100.0% | $8.5M | 5.0% | $4.8M | 32.3% | 2.71x | 424B |
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Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.