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610 Lanark Drive, San Anton...

Updated Dec 19, 2023

Bilt advertisement
Stream Realty Partners Acquires Industrial Property In San Antonio For 235.4K SF
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

About this deal

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.

Traded’s record for 610 Lanark Drive, San Antonio, TX, USA in San Antonio, Texas covers a industrial sale from 2021. The building is 235,400 square feet, implying about 0 per square foot on the published price. Walter Simpson, Jamie Jennings, Andrew Rabinovich, Kevin Cosgrove appear on the sale alongside Stream Realty Partners⁠. This page is the San Antonio, Texas file for the 610 Lanark Drive, San Antonio, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same San Antonio sit in the Market section below. Filter that San Antonio industrial set by closing date to see what else sold near 610 Lanark Drive, San Antonio, TX, USA around 2021. Cite this Stream Realty Partners Acquires Industrial Property In San Antonio For 235.4K SF sale when underwriting similar industrial product around San Antonio, Texas.

Players

Kevin Cosgrove

Stream Realty Partners⁠

Broker

4 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

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