Worth & Associates Acquires 99,263 SF Office Building In San Antonio From Energy Transfer
800 East Sonterra Boulevard
Building Size
99,263 SF
Asset Type
Office
Closing
Feb 19, 2025
AI
Worth & Associates acquired an office asset located at 800 East Sonterra Boulevard, with a total square footage of 99,263. The transaction occurred within the San Antonio market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Buyer: Worth & Associates
- Seller: Energy Transfer
- Buyer's Representative: Lukin King & Shawn Gulley - Worth & Associates
- Seller's Representative: Alyse Sellers, Zander Thomas & Steve Thomas - Stream Realty Partners
Stream Realty Partners represented Energy Transfer in the deal, while the representation for Worth & Associates was provided by Lukin King and Shawn Gulley, marking a significant transaction in the local office market.
Players
San Antonio Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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