Trident Capital Partners, a real estate bridge lender specializing in tailored senior-secured financing solutions for commercial real estate nationwide, has provided a $1.3 million bridge loan for the acquisition and repositioning of a single-tenant retail property in Glendale, AZ. The 12-month loan was structured at 65% of loan-to-cost. The financing was funded 100% by Trident Income Fund.

Located at 6800 W. Bell Road, the 2,811-square-foot freestanding building, sits on a 0.74-acre Home Depot outparcel in one of Metro Phoenix’s most active retail corridors. The site will undergo a full interior renovation and is being actively marketed to a new tenant. The borrower plans to reposition the asset as a drive-thru-enabled quick-service or retail use. It was a Whataburger drive-thru.

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