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9870 Doerr Lane, Schertz, T...

Quality Custom Distribution Signs Lease For Industrial Property In Schertz
LEASEDIndustrial

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

John Colglazier

Partners

Broker

3 deals

Broker

Baltisse-Ackerman Schertz

Landlord

2 deals

Landlord
QD
Quality Custom DistributionTenant

Schertz 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