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SW Loop 410 Access Rd, San ...

Citadel Venture Holdings Acquires Office Building In San Antonio From Partners Capital, Andrew Pappas
SOLDOffice

Citadel Venture Holdings Acquires Office Building In San Antonio From Partners Capital, Andrew Pappas

SW Loop 410 Access Rd, San Antonio, TX, USA

Building Size

85,368 SF

Asset Type

Office

Closing

Jan 24, 2021

AI

An office property located at SW Loop 410 in San Antonio has been sold in a recent transaction. The property spans across 85,368 square feet, offering ample space for office operations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Date: 01/25/2021
  • Address: SW Loop 410, San Antonio
  • Market: San Antonio
  • Asset Type: Office
  • Square Footage: 85,368

The seller of the property is Partners Capital, represented by Andrew Pappas. On the other hand, the buyer is Citadel Venture Holdings. The deal was facilitated by Carrie Caesar from Cushman & Wakefield serving as the broker.

Players

Andrew Pappas

Broker

6 deals

Broker
S3 Capital
S3 CapitalSeller
S3 Capital
S3 CapitalLender

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