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
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