NewQuest Properties Acquires Retail Property In San Antonio For 12.7 Acres And 116,404 SF
6001 Northwest Loop 410, San Antonio, TX 78238, USA
Building Size
116,404 SF
Asset Type
Retail
Closing
Oct 4, 2021
AI
A retail property located at 6001 NW Loop 410 in San Antonio has been sold in a recent transaction. The property spans across 12.7 acres and offers a total area of 116,404 square feet. The sale took place on October 4, 2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 6001 NW Loop 410
- Market: San Antonio
- Acres: 12.7
- Square Feet: 116,404
The buyer's representatives in this transaction were Jay Sears and Steven Alvis from NewQuest Properties. The seller's representative was Kevin Catalani from CBRE.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93