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11926 Rail Drive

Updated Sep 11, 2026

Bilt advertisement
Brian Cohen Of Andover Properties Acquires 134,500 Square Foot Industrial Property In San Antonio
SOLDIndustrial

Brian Cohen Of Andover Properties Acquires 134,500 Square Foot Industrial Property In San Antonio

11926 Rail Drive

Building Size

134,500 SF

Asset Type

Industrial

Closing

Jul 15, 2026

About this deal

AI

The property asset involved in the transaction is the Rail Drive Commerce Center, an industrial flex property located at 11926 Rail Drive in San Antonio, TX. The asset encompasses a total square footage of 134,500 and features move-in-ready small-bay and flex suites. The seller and purchase price were not disclosed.

Summary of transaction details:

This transaction involved Brian Cohen, who represents Andover Properties in the acquisition. The property was newly completed, indicating its recent availability on the market. The specifics of the seller were not made public, and the details surrounding the terms of the sale remain undisclosed.

Players

Brian Cohen

Andover Properties

Buyer

$150.6M

vol

10 deals

Buyer

San Antonio Industrial Market Snapshot

Boundary boundary · Industrial · Sale 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

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