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7042 Industrial Way

MDH Partners Acquires 151,793 SF Industrial Property In San Antonio
SOLDIndustrial

MDH Partners Acquires 151,793 SF Industrial Property In San Antonio

7042 Industrial Way

Building Size

151,793 SF

Asset Type

Industrial

Closing

May 11, 2021

AI

An industrial property located at 7042 Industrial Way in San Antonio has recently been sold. The property spans a total of 151,793 square feet and is situated on 11.5 acres of land. This transaction took place on May 11, 2021.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7042 Industrial Way, San Antonio
  • Market: San Antonio
  • Square Footage: 151,793 SF
  • Acres: 11.5 acres

The buyer of this industrial property is MDH Partners, represented by Jeff Small, Jr. and Michael Pelt. They acquired the property, but the transaction amount was not disclosed in the available information.

Players

Joshua Peck

GFI Realty Services

Broker

$232M

vol

13 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