facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Retail

/

Sale

/

6212 Wood Glen Drive, San A...

Elm Creek Real Estate Acquires Retail Property On Wood Glen Drive In San Antonio For $5.5M
SOLDRetail

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

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.

Players

Kevin Catalani

CBRE

Broker

$5.5M

vol

2 deals

Broker
InvenTrust Properties
InvenTrust PropertiesSeller

San Antonio Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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