Amarillo National Bank Leases Office Space At 1020 NE Loop 410 In San Antonio
1020 Northeast Loop 410, San Antonio, Texas 78209, United States
Building Size
163,956 SF
Asset Type
Office
Closing
Mar 22, 2022
AI
Amarillo National Bank has recently signed a lease for an office space located at 1020 NE Loop 410 in San Antonio. The property is approximately 163,956 square feet in size and falls under the asset type of office. The deal was finalized on March 23, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not Specified
- Address: 1020 NE Loop 410, San Antonio
- Market: San Antonio
- Asset Size: 163,956 square feet
MM Oak Park, LLC serves as the landlord for this office space. Amarillo National Bank is the tenant who will be occupying the property. The landlord was represented by Christi Griggs and Chelsea Ferguson from CBRE, while the tenant was represented by Eric Lundblad and Albert McNeel from Endura Advisory Group.
Players
San Antonio Office Market Snapshot
Boundary boundary · Office · Lease 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