Ben Kohl & Mitchell Kiven Of Marcus & Millichap Sell Retail Property In San Antonio, TX For $8.3M
SOLD
$8,265,044
Texas
See Similar DealsRetail13,200 SF
Sold 02/07/2022
SOLD
Ben Kohl & Mitchell Kiven Of Marcus & Millichap Sell Retail Property In San Antonio, TX For $8.3M
22202 Bulverde Road, San Antonio, Texas 78261, United States
See Similar DealsRetail13,200 SF
Sold 02/07/2022
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$626
Total Square Footage:13,200 SF
Transaction Type:Sale
Located at 22202 Bulverde Rd in San Antonio, TX, this retail property was recently sold for a total price of $8,265,044. The transaction took place on 02/07/2022 and involved a total square footage of 13,200. The price per square foot for this property was $626.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,265,044
- Date: 02/07/2022
- Address: 22202 Bulverde Rd
- Market: San Antonio, TX
The deal was facilitated by the brokers Ben Kohl and Mitchell Kiven from Marcus & Millichap. They represented the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$440,802.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,363.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,180.53
Annual Debt Service$470,166.30
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