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13805 Interstate 10

Updated Dec 4, 2024

Galen College Of Nursing Signs Lease At Vista Corporate Center In San Antonio For 13805 Interstate 10
LEASEDOffice

Galen College Of Nursing Signs Lease At Vista Corporate Center In San Antonio For 13805 Interstate 10

13805 Interstate 10

Building Size

—

Asset Type

Office

Closing

Oct 8, 2024

About this deal

AI

The Vista Corporate Center is a five-story office building located at 13805 Interstate 10 in the San Antonio market. The property is leased to Galen College of Nursing, represented by Mark Vogt.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 13805 Interstate 10
  • Market: San Antonio
  • Landlord: 15000 IH 10 Ltd
  • Tenant: Mark Vogt - Galen College of Nursing
  • Landlord's Representative: Deborah Bauer - Drake Commercial
  • Additional Representatives: Kelly Ralston & Russell Noll - Transwestern

The lease negotiations were facilitated by Deborah Bauer from Drake Commercial, along with Russell Noll and Kelly Ralston from Transwestern, who represented the landlord in this transaction.

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Players

Russell Noll

Transwestern

Broker

6 deals

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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

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