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314 Nolan Street

Updated Dec 4, 2024

King Of Padel Leases Industrial Space At 314 Nolan St In San Antonio
LEASEDIndustrial

King Of Padel Leases Industrial Space At 314 Nolan St In San Antonio

314 Nolan Street

Building Size

100,000 SF

Asset Type

Industrial

Closing

Mar 19, 2024

About this deal

AI

The industrial property located at 314 Nolan Street in San Antonio, consisting of 100,000 square feet, was leased in a recent transaction. The landlord, Davies Entertainment, secured a deal with the tenant, King Of Padel, for the industrial space.

Summary of transaction details:

Antonio Parra from AP Consulting and John Duvall from Duvall & Co. represented King Of Padel in the leasing transaction, while Jeremy Jessop from JJ Real Co. served as the representative for Davies Entertainment, the landlord.

Players

Antonio Parra

AP Consulting

Broker

1 deal

Broker

San Antonio 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

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