Updated Dec 21, 2023
Jorge Martinez Leases Office Space At 2391 NE Loop 410 In San Antonio
2391 Ne Interstate 410 Loop, San Antonio, Tx 78217, Usa
Building Size
4,032 SF
Asset Type
Office
Closing
Jul 7, 2020
About this deal
AI
The office building located at 2391 NE Loop 410 in San Antonio has been leased in a closed transaction. The lease consists of 4,032 square feet of space and runs for a duration of six years.
Summary of Transaction Details
- Property Type: Office
- Address: 2391 NE Loop 410
- Market: San Antonio
- Landlord's Representative: Jorge Martinez - NAI Partners
- Tenant's Representative: Jon Wiegand - Alamo Capital
- Square Footage: 4,032
Jorge Martinez from NAI Partners represented the landlord in this transaction, while Jon Wiegand from Alamo Capital represented the tenant.
On the Map
Office
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93