Fuller Realty Acquires 143,000 SF Office In San Antonio With Broker Representation By Cushman & Wakefield
5250 Prue Road, San Antonio, Texas 78240, United States
Building Size
143 SF
Asset Type
Office
Closing
Apr 17, 2023
About this deal
AI
The office building located at 5250 & 5253 Prue Road in San Antonio has been sold. The property spans a total of 143,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 5250 & 5253 Prue Road
- Market: San Antonio
- Asset Type: Office
- Square Footage: 143,000
The buyer of the property is Fuller Realty, represented by Johnny Kight. The broker team involved in this transaction includes Todd Mills, Carrie Caesar, and Hunter Mills from Cushman & Wakefield. The lender for the deal is Goldman Sachs.
Players
San Antonio Office Market Snapshot
Boundary boundary · Office · Sale 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