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:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Buyer: Outpost
- Seller: Arcosa Inc.
- Buyer's Rep: Colten Courtney, Carlos Marquez & Brett Lum - Partners Real Estate
- Seller's Rep: Holmes Davis - Binswanger
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
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