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Marcus & Millichap Capital Corporation (MMCC) has arranged $8.025 million in financing for a 94,207-square-foot retail property located at 5301 South 108th Street in Hales Corners, Wisconsin.

Michael Hughes, Managing Director in MMCC’s Milwaukee office, secured the financing on behalf of a private client.

“The Hales Corners Plaza is a 100% leased, fitness-anchored retail center located in a strong trade area,” said Hughes. “The borrower selected a credit union from a number of qualified options, providing a competitive rate, higher leverage, and extended amortization.”

The loan features a five-year term at 75% loan-to-value, a 6% interest rate, and a 30-year amortization period.

The property is situated in a high-traffic area and includes major tenants such as Great Clips, a nail salon, an AT&T store, and a physical therapy clinic.

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