Cheer-Riffic Techniques Leases 11,250 SF Industrial Space In San Antonio With CBRE's Representatives
5405 Bandera Rd, San Antonio, TX 78238, USA
Building Size
11,250 SF
Asset Type
Industrial
Closing
Aug 3, 2020
AI
An industrial property located at 5405 Bandera Road in San Antonio has been leased. The property spans an area of 11,250 square feet.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Cheer-Riffic Techniques
- Landlord: West Loop Distribution Center Epa, LLC
- Brokers: Josh Aguilar, Rob Burlingame, Justin Roberts, & Brad O’Neill – CBRE
- Market: San Antonio
The leased property at 5405 Bandera Road was leased to Cheer-Riffic Techniques. The landlord for this transaction is West Loop Distribution Center Epa, LLC. Representing the tenant in this deal were brokers Josh Aguilar, Rob Burlingame, Justin Roberts, and Brad O’Neill from CBRE.
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