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8555 Northeast Loop 410, Sa...

TRECAP Loop 410 Partners & RAH Santa Fe Acquires Industrial Property In San Antonio
SOLDIndustrial

TRECAP Loop 410 Partners & RAH Santa Fe Acquires Industrial Property In San Antonio

8555 Northeast Loop 410, San Antonio, Texas 78219, United States

Building Size

40,800 SF

Asset Type

Industrial

Closing

Apr 10, 2022

AI

8555 Northeast Loop 410, an industrial property located in San Antonio, was recently sold in a transaction. The property spans an area of 40,800 square feet and sits on 2.09 acres of land.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified

The buyer of the property was TRECAP Loop 410 Partners, LLC & RAH Santa Fe, LLC, while EJ Morales III Holdings acted as the seller. Representing the buyer in the deal was Jason Tangen from Colliers, while the seller was represented by Zachary Taylor from Colliers and Charles W. Hargis from Endura Advisory Group.

Players

Jason Tangen

Colliers

Broker

13 deals

Broker
H
HoldingsSeller

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