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9870 Doerr Ln, Schertz, TX,...

Quality Custom Distribution Leases 116176 Square Feet From Baltisse-Ackerman Schertz LLP In Schertz
LEASEDIndustrial

Quality Custom Distribution Leases 116176 Square Feet From Baltisse-Ackerman Schertz LLP In Schertz

9870 Doerr Ln, Schertz, TX, 78154

Building Size

116,176 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

A 116,176-square-foot industrial lease has been negotiated for a property located at 9870 Doerr Ln, Schertz, TX, 78154, in the Schertz market.

Summary of transaction details:

This lease was facilitated by John Colglazier, Kyle Kennan, and Carlos Marquez, who represented the landlord during the negotiations. Sergio Acosta represented the interests of the tenant in finalizing the lease transaction.

Players

Carlos Marquez

Partners Real Estate

Broker

11 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