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
About this deal
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
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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