Jason Burger And Hugo Li Acquire Retail Property At 6400 Bandera Road From Dennis Stein With Broker Ricardo Peña
6400 Bandera Road
Building Size
32,000 SF
Asset Type
Retail
Closing
Sep 27, 2024
AI
The property asset involved in this transaction is a retail space located at 6400 Bandera Road in Leon Valley. This asset encompasses a total square footage of 32,000. The sale date for this closed transaction was September 27, 2024.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 6400 Bandera Road
- Market: Leon Valley
- Square Footage: 32,000
- Buyer: Jason Burger & Hugo Li
- Seller: Dennis Stein
- Broker: Ricardo Peña - URIAH Real Estate Organization
The key individuals involved in this transaction are Jason Burger and Hugo Li as the buyers, and Dennis Stein as the seller. The representation for the deal was provided by Ricardo Peña from URIAH Real Estate Organization.
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