SOLDIndustrial
Stream Realty Partners Acquires Industrial Property In San Antonio For 235.4K SF
610 Lanark Drive, San Antonio, TX, USA
Building Size
235,400 SF
Asset Type
Industrial
Closing
Feb 11, 2021
AI
An industrial property located at 610 Lanark Drive in San Antonio has been sold. The property spans 235,400 square feet and sits on 10 acres of land. The transaction took place on February 12, 2021.
Summary of transaction details
- Property Type: Industrial
- Sale Date: 02/12/2021
- Address: 610 Lanark Drive
- Market: San Antonio
- Square Footage: 235,400
- Acres: 10
The sale was facilitated by Jamie Jennings, Andrew Rabinovich, Kevin Cosgrove, and Walter Simpson of Stream Realty Partners.
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