SOLDOffice
Reserve Capital Partners Acquires Office Property In San Antonio
9903 Nationwide Drive, San Antonio, TX 78251, USA
Building Size
270,000 SF
Asset Type
Office
Closing
Dec 7, 2021
AI
The office property located at 9903 Nationwide Drive in San Antonio has been sold in a recent transaction. The property spans over 270,000 square feet and sits on a 30-acre plot.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not provided
- Address: 9903 Nationwide Drive
- Market: San Antonio
- Square Footage: 270,000
- Acres: 30
The buyer in this transaction is Reserve Capital Partners, represented by Brant Landry. The deal was facilitated by Christi Griggs from CBRE.
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