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
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.
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