MIMCO Acquires Walzem Plaza Shopping Center In San Antonio
5412 Walzem Road
Building Size
182,713 SF
Asset Type
Retail
Closing
Nov 7, 2023
About this deal
AI
MIMCO has purchased Walzem Plaza, a 182,713-square-foot retail shopping center located at 5412 Walzem Road in San Antonio. The property features a variety of tenants, including Harbor Freight Tools, 99 Cents Only, Footlocker, WellMed, Citi Trends, and Wingstop.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 182,713
- Address: 5412 Walzem Road
- Market: San Antonio
The buyer in this transaction is MIMCO, with representation by Meyer Marcus.
Traded’s record for 5412 Walzem Road in Windcrest, Texas covers a retail sale from 2023. The building is 182,713 square feet, implying about 0 per square foot on the published price. This page is the Windcrest, Texas file for the 5412 Walzem Road retail sold: pricing, party profiles, and other closed retail comps from the same Windcrest sit in the Market section below. Filter that Windcrest retail set by closing date to see what else sold near 5412 Walzem Road around 2023. Cite this MIMCO Acquires Walzem Plaza Shopping Center In San Antonio sale when underwriting similar retail product around Windcrest, Texas.
On the Map
Retail
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Players
Windcrest Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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