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4242 Medical Drive, San Ant...

San Antonio Counseling & Behavioral Center Leases 1,082 SF Office Space At 4242 Medical Drive With Tenant's Rep Jorge Martinez - NAI Partners And Landlord's Rep Andrew Price - CBRE
LEASEDOffice

San Antonio Counseling & Behavioral Center Leases 1,082 SF Office Space At 4242 Medical Drive With Tenant's Rep Jorge Martinez - NAI Partners And Landlord's Rep Andrew Price - CBRE

4242 Medical Drive, San Antonio, TX, USA

Building Size

1,082 SF

Asset Type

Office

Closing

Dec 7, 2020

AI

The San Antonio Counseling & Behavioral Center has leased a 1,082 square foot office space located at 4242 Medical Drive in San Antonio. The lease transaction was completed on December 8, 2020.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: 12/08/2020
  • Address: 4242 Medical Drive
  • Market: San Antonio
  • Square Footage: 1,082

Jorge Martinez from NAI Partners represented the tenant, San Antonio Counseling & Behavioral Center, in this lease transaction. Andrew Price from CBRE acted as the landlord's representative for the deal.

Players

Jorge Martinez

NAI Global

Broker

$20.7M

vol

4 deals

Broker
SC
San Antonio Counseling & Behavioral CenterTenant

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