TKG 3 Retail Portfolio - Riverside Center
A retail property in Utica, New York. Securitized in 1 CMBS deal in 2015.
$66.1MAppraised value (latest deal)
95.6%Occupancy
$4.9MUnderwritten NOI
7.4%Implied cap rate
- Address
- 710 Horatio Street, Utica, NY 13502
- Property type
- Retail · Anchored
- Year built
- 1973
- Size
- 692,658 SF
- Sponsor
- E. Stanley Kroenke
- Loan purpose
- Refinance
- Largest tenant
- Walmart
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSBAM 2015-C23 | 2015-06-18 | $66.1M | 95.6% | $4.9M | 7.4% | $24.3M | 75.0% | 424B |
Historical NOI reported in MSBAM 2015-C23
| Period ending | NOI |
|---|---|
| 12/31/2014 | $4.6M |
More CMBS properties in New York →
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%.