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5405 Bandera Rd, San Antoni...

Cheer-Riffic Techniques Leases 11,250 SF Industrial Space In San Antonio With CBRE's Representatives
LEASEDIndustrial

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

Justin Roberts

CBRE

Broker

2 deals

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