Updated Oct 29, 2024
Goodness Outreach Depot Leases 25,000 SF Industrial Space At 2550 McMillian Parkway In Fort Worth With Stream Realty Partners
2550 Mc Millan Pkwy, Fort Worth, Tx 76137, Usa
Building Size
250,000 SF
Asset Type
Industrial
Closing
Jun 1, 2020
About this deal
AI
The industrial property located at 2550 McMillian Parkway in Fort Worth, within the High Crest market, has recently been leased. The tenant for this space is Goodness Outreach Depot. The lease transaction was facilitated by Stream Realty Partners, with Forrest Cook acting as their representative. The total size of the leased area is 25,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Goodness Outreach Depot
- Broker: Stream Realty Partners - Forrest Cook
- Address: 2550 McMillian Parkway, Fort Worth
- Market: High Crest
- Square Feet: 25,000
This lease transaction highlights the successful collaboration between Stream Realty Partners and Goodness Outreach Depot. The involvement of Forrest Cook as Stream Realty Partners' representative demonstrates his expertise in facilitating industrial property deals within the Fort Worth area.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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