Merit Commercial Real Estate Acquires Office Building In San Antonio For $UndisclosedM
5800 Northwest Parkway, San Antonio, TX 78249
Building Size
200,000 SF
Asset Type
Office
Closing
Nov 30, 2021
About this deal
AI
A 200,000 square foot office property located at 5800 Northwest Pkwy & 6000 Northwest Pkwy in San Antonio has been sold. The sale took place on November 30, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 5800 Northwest Pkwy & 6000 Northwest Pkwy, San Antonio
- Market: San Antonio
The buyer of this property is Merit Commercial Real Estate, represented by Ryan Harrison & Mike Sawtelle. The seller is Clarion Partners.
Traded’s record for 5800 Northwest Parkway, San Antonio, TX 78249 in San Antonio, Texas covers a office sale from 2021. The building is 200,000 square feet, implying about 0 per square foot on the published price. This page is the San Antonio, Texas file for the 5800 Northwest Parkway, San Antonio, TX 78249 office sold: pricing, party profiles, and other closed office comps from the same San Antonio sit in the Market section below. Filter that San Antonio office set by closing date to see what else sold near 5800 Northwest Parkway, San Antonio, TX 78249 around 2021. Cite this Merit Commercial Real Estate Acquires Office Building In San Antonio For $UndisclosedM sale when underwriting similar office product around San Antonio, Texas.
Players
San Antonio Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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