Both loans carry a 5.87% permanent, fixed interest rate and are amortized over 15 years. The 2,410-sf Arby's property was built in 1996 and is located in suburban Lutz, FL. The Hess location includes a mini-mart with a Blimpie's fast-food restaurant.
Rod Anderson, vice president of Thomas D. Wood and Co.'s Tampa office, arranged both loans. The Coral Gables, FL-based Wood also has a branch office in Winter Park, FL.
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