SOLDIndustrial
Finial Group Brokers Sale Of 12000 Sq Ft Warehouse At 4223 Dividend Road In San Antonio
Building Size
12,000 SF
Asset Type
Industrial
Closing
Feb 14, 2025
AI
The property involved in this transaction is a 12,000-square-foot industrial warehouse located at 4223 Dividend Road in San Antonio. Built in 2018, the asset features 22-foot clear heights and has been sold by an undisclosed seller.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 12,000 SF
- Address: 4223 Dividend Road
- Market: San Antonio
The sale was brokered by Chase Tucker, Jack Gaffney, and William Alcorn of Finial Group, who represented the transaction during this deal.
Players
Market 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