Retail Shopping Center Loans
Retail Shopping Center Loan Interest Rates - Rates updated July 5th, 2025
| Loan Product | Rates (start as low as) | LTV | |
|---|---|---|---|
| 5 Year Fixed Rates | 6.22% | Up to 75% | Get Free Quote |
| 7 Year Fixed Rates | 6.43% | Up to 75% | Get Free Quote |
| 10 Year Fixed Rates | 6.67% | Up to 75% | Get Free Quote |
Select Commercial has many different retail mortgage loan programs available for the purchase or refinance of retail shopping centers, retail strip malls, and retail properties. We lend nationwide and our minimum loan size starts at $1,500,000. Our shopping center lending program includes the following:
Multi-tenanted retail shopping centers that are located in suburban and urban locations with a minimum population of 50,000 people. We will consider anchored retail shopping centers with a major anchor tenant, un-anchored shopping centers, retail strip centers, and other retail properties consisting of multiple rental tenants. We prefer deals with good quality long-term tenants and a stabilized cash flow. However, we will consider all properties that make sense and have a good “story”.
Owner occupied retail stores are a big portion of our business. Many self-employed retail borrowers own their own property and often have difficulty obtaining bank financing for their properties. We are very eager to work with self-employed borrowers who own their own properties or are looking to purchase a property to house their retail business. We lend on all types of retail properties including special use and single use properties such as gas stations, free standing grocery stores, restaurants, and skating rinks, just to name a few. We will also work with self-employed borrowers on a “stated-income” basis, if needed.
Another very active area under our shopping center loan program consists of lending on NNN (triple net leased) properties that are leased to credit tenants. Some examples of these tenants include, CVS, Walgreens, AutoZone, Family Dollar, Starbucks, etc. We are very aggressive with our rates and loan terms with these types of single tenant credit tenants.
Very often, a shopping center suffers from high vacancy due to tenants that have moved out or when the property needs a cash infusion for tenant improvements. We are pleased to offer a bridge loan program to allow borrowers to access capital to renovate and upgrade their tenant base. Our bridge loan program is very helpful to owners who are looking to reposition their properties for the future.
We are a nationwide commercial mortgage broker specializing in all types of commercial mortgage loans, apartment loans, multifamily loans, and credit tenant lease loans.
Our Retail Shopping Center Loan Benefits
Retail Shopping Center Loan rates start as low as 6.22% (as of July 5th, 2025)
• A commercial mortgage broker with over 30 years of lending experience
• No upfront application or processing fees
• Simplified application process
• Up to 75% LTV (90% with SBA financing for owner occupied properties)
• Terms and amortizations up to 25 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation
Our Reviews
Recent Closings
Retail Shopping Center Loan Outlook for 2025
The retail real estate market in 2025 continues to adapt to shifting consumer behaviors, economic trends, and technological advancements. With limited new retail space availability, retail shopping centers that demonstrate flexibility, innovation, and resilience will find robust opportunities for financing and growth.
Limited Supply and Increased Demand for Prime Retail Locations
Despite favorable interest rate conditions, the overall high cost of capital remains a significant consideration for financing retail property developments in 2025. Limited retail space availability is anticipated to push rental rates higher, increasing property values and creating attractive financing opportunities for investors and retail center owners. Prime locations within open-air shopping centers, power centers, and suburban strip malls will be particularly sought-after by retailers looking to secure strategic long-term leases.
If you're considering financing or refinancing a retail shopping center, Select Commercial offers specialized financing solutions tailored to the retail sector. To explore financing options suited to your needs, get a free quote from Select Commercial.
Consumer Trends Influencing Retail Lending Strategies
Changing consumer preferences significantly influence financing decisions for retail shopping centers. With consumers increasingly prioritizing essential goods, shopping centers anchored by grocery and essential goods retailers present strong opportunities for investors and lenders. These properties consistently perform well, even during economic uncertainty, making them highly attractive for commercial lending.
Additionally, the rise in e-commerce continues to reshape retail strategies. Retailers are consolidating physical footprints to accommodate increased online sales, creating demand for retail spaces that facilitate efficient customer pickups, returns, and experiential shopping. Lenders are increasingly attracted to retail centers that demonstrate clear adaptability to these shifting consumer patterns.
Markets with Strong Financing Opportunities in 2025
Several key markets stand out as particularly attractive for retail shopping center financing in 2025:
- Phoenix: Rapid growth and ongoing infrastructure improvements create promising opportunities for retail development financing.
- Austin: Strong economic growth driven by the technology sector positions Austin as an appealing market for innovative retail concepts.
- Dallas: A robust local economy and growing consumer base fuel demand for prime retail spaces and attract retail financing.
- Nashville: High tourism and strong healthcare sectors bolster experiential and mixed-use retail investment opportunities.
- Charlotte: Increasingly popular among young professionals, Charlotte offers attractive retail lending opportunities, especially for mixed-use and experiential centers.
Experiential and Mixed-Use Retail Driving Financing Activity
Shopping centers focusing on experiential retail strategies—combining shopping with entertainment, dining, and interactive experiences—are increasingly favored by lenders. These properties attract greater customer engagement, longer visits, and increased consumer spending, making them prime targets for retail lending in 2025.
Similarly, mixed-use developments that integrate retail, residential, office, and entertainment spaces continue to offer diversified income streams, making them appealing to lenders due to their lower risk profiles and community appeal.
Sustainability as a Key Factor in Retail Financing
Sustainable and eco-friendly retail centers incorporating energy-efficient features such as solar power, LED lighting, and advanced HVAC systems are increasingly favored by lenders. These properties not only reduce operational costs but also align with consumer preferences for environmentally responsible businesses. Lenders often provide favorable terms and conditions for sustainable retail properties, recognizing