Village at Mitchell Ranch
A retail property in New Port Richey, Florida. Securitized in 1 CMBS deal in 2022.
$68.5MAppraised value (latest deal)
100.0%Occupancy
$3.3MUnderwritten NOI
4.8%Implied cap rate
- Address
- 3139 Little Road, New Port Richey, FL 34655
- Property type
- Retail · Anchored
- Year built
- 2019
- Size
- 146,715 SF
- Sponsor
- Robert A. Davidsohn
- Loan purpose
- Acquisition
- Largest tenant
- Sprouts
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C16 | 2022-06-28 | $68.5M | 100.0% | $3.3M | 4.8% | $28.5M | 41.6% | 2.23x | 424B |
Historical NOI reported in BBCMS 2022-C16
| Period ending | NOI |
|---|---|
| 2/28/2022 | $3.7M |
| 12/31/2021 | $3.7M |
| 12/31/2020 | $2.9M |
More CMBS properties in Florida →
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%.