Retail commercial loans finance properties used for retail operations such as shopping centers, strip malls, and single-tenant buildings. Lenders underwrite these loans primarily based on property cash flow, tenant quality, lease terms, and location rather than personal income.
Most retail loans require a down payment of 25% to 35%, depending on occupancy, tenant credit, property type, and market conditions. Single-tenant properties with strong national tenants and triple net leases may qualify for higher leverage.
Yes. Tenant credit is a key underwriting factor, especially for single-tenant properties. Lenders evaluate tenant financial strength, operating history, and lease guarantees to assess income reliability.
Retail loan closings typically take 45 to 75 days, depending on lender type, property complexity, and due diligence requirements such as appraisals, environmental reports, and lease reviews.
Yes, retail properties with strong occupancy, diversified tenant mix, and proven cash flow may qualify for non-recourse financing, particularly through private debt or family offices.
