Trident Secures Financing for Acquisition of Phoenix Retail Property

Trident Secures Financing for Acquisition of Phoenix Retail Property
Trident Secures Financing for Acquisition of Phoenix Retail Property

**Trident Capital Partners Funds $1.3M Bridge Loan for Retail Property in Glendale, AZ**

Trident Capital Partners, a nationwide real estate bridge lender specializing in senior-secured financing solutions, has provided a $1.3 million bridge loan for the acquisition and repositioning of a single-tenant retail property located in Glendale, Arizona. The 12-month financing was structured at 65% loan-to-cost and was fully funded by the Trident Income Fund.

The property, located at 6800 W. Bell Road, features a 2,811-square-foot freestanding building on a 0.74-acre parcel. The site is a former Whataburger drive-thru and is positioned as an outparcel next to Home Depot in one of Metro Phoenix’s busiest retail corridors.

The borrower intends to complete a full interior renovation of the building and is actively marketing the space to potential tenants. Plans call for repositioning the asset to support a drive-thru-enabled quick-service restaurant or retail use.

“Repositioning retail is no longer just about backfilling space; it’s about rethinking how location and layout serve modern tenant needs,” said Bryce Molder of Trident Capital Partners.

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