Elm Creek Real Estate Acquires Retail Property On Wood Glen Drive In San Antonio For $5.5M
6212 Wood Glen Drive, San Antonio, TX, USA
$5,500,000
$34/SF
Building Size
159,703 SF
Asset Type
Retail
Closing
Jun 2, 2020
About this deal
AI
6212 Wood Glen Drive in San Antonio's Woodlake market has been sold for $5,500,000. The retail asset spans across 159,703 square feet, resulting in a price per square foot of $34.44. This transaction took place on June 3, 2020.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,500,000
- Address: 6212 Wood Glen Drive, San Antonio
- Market: Woodlake
- Asset Type: Retail
In this deal, the seller, InvenTrust Properties, was represented by Thomas McGuinness. The buyer, Elm Creek Real Estate, was represented by Jace Hinderland. CBRE's Kevin Catalani served as the broker in this transaction.
On the Map
$5,500,000
$34/SF
Retail
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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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93