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647 North W. W. White Road

Outpost Acquires Industrial Land In San Antonio From Arcosa Inc
SOLDIndustrial

Outpost Acquires Industrial Land In San Antonio From Arcosa Inc

647 North W. W. White Road

Building Size

232,681 SF

Asset Type

Industrial

Closing

Jun 12, 2024

AI

Located at 647 North W. W. White Road in San Antonio, the industrial property spans 232,681 square feet and was recently sold in a transaction between Outpost and Arcosa Inc.

Summary of transaction details:

Outpost's acquisition of the 16.818-acre infill industrial land is part of their strategic plan to create a secure parking facility for tractor-trailers and heavy-duty vehicles on San Antonio's East side. The industrial storage yard, scheduled to open in 2025, marks a significant step in Outpost's goal to expand their industrial outdoor storage network across key metropolitan areas in the United States.

Players

Brett Lum

Partners Real Estate

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