Little Elm Crossing

Location: Little Elm, TX
Type: Retail
Price: $ 17,600,000

SMC’s $17,600,000 first mortgage loan refinanced an existing construction loan on the Little Elm Crossing neighborhood retail center in Little Elm, Texas, a suburban bedroom community located approximately 25 miles north of the Dallas CBD. Built in 2007, the Subject center is 90.5% leased and benefits from a strong mix of national and regional tenants: Hobby Lobby, 24 Hour Fitness, Dollar Tree Stores Inc., Hibbett Sporting Goods, Subway Sandwiches, CiCi’s Pizza, Baskin Robins, Planet Tan, and Great Clips.