Marcus & Millichap Brokers Sale Of Auto Service Property In San Antonio For 23,560 SF
9809 Fredericksburg Road
Building Size
23,560 SF
Asset Type
Retail
Closing
Jul 3, 2026
About this deal
AI
The transaction involved the sale of a 23,560 SF net-leased auto service property located at 9809 Fredericksburg Road in San Antonio, TX. The asset spans 1.97 acres and is categorized as retail. The buyer of this property is a Minnesota-based entity, completing a 1031 exchange.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 9809 Fredericksburg Road
- Market: San Antonio, TX
- Asset Size: 23,560 SF
- Acres: 1.97
- Brokers: Dominic Sulo & Tim Speck - Marcus & Millichap
- Mortgage Broker: Dean Giannakopoulos - Marcus & Millichap Capital Corporation
- Interest Rate: 6.04%
- Loan Term: Five years
- Amortization Period: 30 years
Marcus & Millichap facilitated the transaction with Dominic Sulo and Tim Speck representing the buyer. Additionally, Dean Giannakopoulos arranged the acquisition financing through a national lender.
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