DICK’S House Of Sport Leases 100,000 SF At Live Oak Town Center, San Antonio
Building Size
100,000 SF
Asset Type
Retail
Closing
Jun 26, 2024
About this deal
AI
The retail property located at SWQ Loop 1604 & IH 35 in Live Oak, spanning 100,000 square feet, has been leased to DICK’S House of Sport. The property is situated in the developing Live Oak Town Center near San Antonio, offering a variety of sportswear and interactive experiences such as a climbing wall and golf bays.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: SWQ Loop 1604 & IH 35
- Market: Live Oak
- Tenant: DICK’S House of Sport
- Tenant's Brokers: David Nicolson & Michael Schoenbrun - Weitzman
Weitzman played a crucial role in facilitating the lease of the 100,000 square feet space at Live Oak Town Center. The center, anchored by IKEA, is projected to encompass over 800,000 square feet of retail, dining, and hospitality space upon completion.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas retail leases on Traded.
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