Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Property Type
NNN & Single-Tenant Lease Financing
We specialize in commercial mortgages for single-tenant triple-net leased properties, sometimes called NNN lease financing, net lease, or single-tenant lease financing. We finance credit-tenant properties leased to investment-grade national credit tenants, with up to 75% LTV.
Get a Free QuoteNNN & Single-Tenant Lease Financing Rates & Terms
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.37% | 75% |
| 7 Year Fixed | 6.37% | 75% |
| 10 Year Fixed | 6.37% | 75% |
- Single-tenant triple-net leased properties
- Credit tenants such as investment-grade national credit tenants
- Up to 75% LTV for purchases and refinances
- Cash-out available
- Low step-down prepayment penalties
- Loan terms up to the remaining lease term
Underwritten to Tenant Credit and Lease Term
NNN loans are underwritten heavily to the strength of the tenant and the remaining lease term. A property leased to a strong national credit tenant can qualify for attractive, long-term financing, sometimes at very high leverage on tenant credit strength alone.
What Our Clients Say
“As a real estate attorney, I trust that Select Commercial will deliver apartment building loans and commercial mortgages in a timely manner. The rates and terms offered are excellent. I heartily recommend them.”
David S. · New York City“I needed an SBA loan and found Select Commercial. It was obvious Stephen knew everything about commercial loans. If you are starting a small business, definitely give them a call.”
Larry S. · Washington, DC“Select Commercial offered 100% financing for my medical practice when my bank would have required 20% down. They delivered something my bank could not, and handled everything professionally.”
John C. · Boston, MA“I am a veterinarian who purchased an existing practice. I was surprised to find a company that offered 100% financing at a good rate, with great terms and rates for medical office financing.”
Carol K. · Chicago, ILGet Your Custom Rate Quote
No cost, no obligation. Written answers within 48 hours on commercial loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up