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5435 North Loop 1604 West

Barbara Wong Purchases Retail Asset In San Antonio From PREP Property Group For $6.93M
SOLDRetail

Barbara Wong Purchases Retail Asset In San Antonio From PREP Property Group For $6.93M

5435 North Loop 1604 West

$6,925,000

$829/SF

Building Size

8,348 SF

Asset Type

Retail

Closing

Aug 27, 2025

AI

The retail property located at 5435 North Loop 1604 West in the San Antonio market was sold for a price of $6,925,000. This asset has a total square footage of 8,348, which translates to a price per square foot of $829.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,925,000
  • Address: 5435 North Loop 1604 West
  • Market: San Antonio
  • Square Footage: 8,348
  • Price Per Square Foot: $829
  • Buyer: Barbara Wong
  • Seller: PREP Property Group
  • Seller's Representatives: Jake Prater, Patrick Luther & Matthew Mousavi - SRS Real Estate Partners

This transaction involved notable parties, including the buyer, Barbara Wong, and the seller, PREP Property Group. The deal was represented by Jake Prater, Patrick Luther, and Matthew Mousavi from SRS Real Estate Partners, showcasing the expertise of these representatives in facilitating the transaction.

Players

Patrick Luther

SRS Real Estate Partners

Broker

$949.3M

vol

62 deals

Broker
SRS Real Estate Partners
SRS Real Estate PartnersBrokerage

San Antonio Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.29%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93