Updated Nov 28, 2024
Hugh M. Cunningham Cos. Leases 33,000 SF Industrial Space On Eisenhauer Road In San Antonio With Newmark Knight Frank And CBRE As Reps
4960 Eisenhauer Rd, San Antonio, TX 78218, Estados Unidos
Building Size
33,000 SF
Asset Type
Industrial
Closing
Sep 21, 2020
About this deal
AI
An industrial property located at 4960 Eisenhauer Road in San Antonio has been leased to Hugh M. Cunningham Cos. The property spans 33,000 square feet.
Summary of transation details
- Property Type: Industrial
- Tenant: Hugh M. Cunningham Cos.
- Landlord: Prologis
- Tenant’s Rep: Trace Elrod – Newmark Knight Frank
- Landlord’s Rep: Josh Aguilar – CBRE
- SF: 33,000
Trace Elrod from Newmark Knight Frank represented the tenant, Hugh M. Cunningham Cos., while Josh Aguilar from CBRE represented the landlord, Prologis, in this lease transaction.
Players
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