Ruben Beltran Leases 11,177 SF Office Space At Cannon Oaks Tower, San Antonio
7461 Callaghan Road
Building Size
11,177 SF
Asset Type
Office
Closing
Apr 17, 2024
About this deal
AI
The office lease transaction involved an 11,177-square-foot space located at 7461 Callaghan Road in San Antonio's market. The lease took place at Cannon Oaks Tower, a seven-story building on the northwest side of San Antonio.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: Ruben Beltran
- Broker: Michael Morse - REOC San Antonio
Michael Morse of REOC San Antonio represented the landlord in the transaction, while Ruben Beltran, a personal injury law firm, was the tenant in this office lease deal at Cannon Oaks Tower.
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