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
San Antonio Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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