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1020 Northeast Loop 410, Sa...

Amarillo National Bank Leases Office Space At 1020 NE Loop 410 In San Antonio
LEASEDOffice

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

Christi Griggs

CBRE

Broker

4 deals

Broker

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