Updated Oct 29, 2024
Westcore Properties Acquires Industrial Property On Eisenhauer Rd In San Antonio
5930 Eisenhauer Rd, San Antonio, TX...
$36,600,000
$97/SF
Building Size
377,318 SF
Asset Type
Industrial
Closing
Nov 22, 2023
About this deal
AI
The Eisenhauer Business Park in San Antonio, Texas, spanning 377,318 square feet, has been acquired by Westcore Properties for $36.6 million. This industrial development consists of four newly built buildings, with features such as dock-high and grade-level loading doors, and clear heights ranging from 28 to 32 feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $36,600,000.00
- Address: 5930 Eisenhauer Rd, San Antonio, TX
- Market: San Antonio
- Seller's Representative: Michael Kent - Stream Realty Partners
- Buyer: Westcore Properties
- Square Footage: 377,318
Michael Kent of Stream Realty Partners represented the seller, NIT Industrial, in the transaction. Westcore Properties, the buyer, was self-represented in this deal.
Players
San Antonio Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Kent to view all their deals.
Browse Texas industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93