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
About this deal
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.
Traded’s record for 9903 Nationwide Drive, San Antonio, TX 78251, USA in San Antonio, Texas covers a office sale from 2021. The building is 270,000 square feet, implying about 0 per square foot on the published price. Christi Griggs, CBRE appear on the sale alongside CBRE. This page is the San Antonio, Texas file for the 9903 Nationwide Drive, San Antonio, TX 78251, USA 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 9903 Nationwide Drive, San Antonio, TX 78251, USA around 2021. Cite this Reserve Capital Partners Acquires Office Property In San Antonio sale when underwriting similar office product around San Antonio, Texas.
On the Map
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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