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17445 Lookout Rd, Selma, TX...

BentallGreenOak Leases 175562 Square Feet To UPS Supply Chain Solutions In Schertz
LEASEDIndustrial

BentallGreenOak Leases 175562 Square Feet To UPS Supply Chain Solutions In Schertz

17445 Lookout Rd, Selma, TX, 78154

Building Size

175,562 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

UPS Supply Chain Solutions has signed a lease for a property consisting of 175,562 square feet located at 17445 Lookout Rd, Selma, TX, 78154, in the Schertz market. The property is part of Enterprise Industrial Park and will accommodate the tenant in its entirety within Building VII.

Summary of transaction details:

The lease negotiations were conducted by John Colglazier along with Carlos Marquez and Kyle Kennan, representing the landlord in this transaction. The Dallas-based brokerage firm ESRP represented the tenant throughout the leasing process.

Players

Carlos Marquez

Partners Real Estate

Broker

11 deals

Broker
BentallGreenOak
BentallGreenOakLandlord

Schertz Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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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