Quality Custom Distribution Signs Lease For Industrial Property In Schertz
9870 Doerr Lane, Schertz, Texas 78154, United States
Building Size
116,176 SF
Asset Type
Industrial
Closing
Dec 19, 2022
AI
The industrial property located at 9870 Doerr Lane in Schertz has been leased. The property spans an area of 116,176 square feet, making it suitable for industrial purposes.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 12/19/2022
- Market: Schertz
- Landlord: Baltisse-Ackerman Schertz LLP
- Tenant: Quality Custom Distribution
The landlord's representatives in this deal were John Colglazier, Kyle Kennan, and Carlos Marquez, who are partners. Representing the tenant was Sergio Acosta from Cushman & Wakefield.
Players
Schertz Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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