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5003 Stout Drive, San Anton...

Comet Signs Sells 166,000 SF Industrial Property In San Antonio, TX
SOLDIndustrial

Comet Signs Sells 166,000 SF Industrial Property In San Antonio, TX

5003 Stout Drive, San Antonio, TX 78219, USA

Building Size

166,000 SF

Asset Type

Industrial

Closing

Sep 8, 2021

AI

Comet Signs has successfully sold an industrial property in San Antonio. The property is located at 5003 Stout Dr. and covers an area of 8.43 acres. The building spans 166,000 square feet, making it a substantial asset in the industrial sector.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 5003 Stout Dr.
  • Market: San Antonio
  • Acres: 8.43
  • Square Feet: 166,000

The deal was facilitated by a team of brokers from JLL, including Dustin Volz, Stephen Bailey, Dom Espinosa, Joshua Villarreal, and Matthew Barge. Their involvement ensured a smooth and successful transaction for both the buyer and seller.

Players

Stephen Bailey

Newmark

Broker

$323.3M

vol

48 deals

Broker

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