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6601 Will Rogers Boulevard,...

HomeGoods Leases Warehouse At 6601 Will Rogers Blvd In Fort Worth
LEASEDHotel

HomeGoods Leases Warehouse At 6601 Will Rogers Blvd In Fort Worth

6601 Will Rogers Boulevard, Fort Worth, TX 76140

Building Size

65,000 SF

Asset Type

Hotel

Closing

Jul 8, 2020

AI

A warehouse property located at 6601 Will Rogers Blvd in Fort Worth has been leased. The property spans 1,000,000 square feet and sits on 556 acres.

Summary of transation details

  • Property Type: Warehouse
  • Tenant: HomeGoods
  • Landlord: Clarion Partners, Crow Holdings Capital, & Rob Riner Cos.
  • Date: 07/08/2021
  • Market: Fort Worth
  • Address: 6601 Will Rogers Blvd
  • Square Footage: 1,000,000
  • Acres: 556

The lease transaction was facilitated by the tenant's representative, David Gilbert & Bob McClain, and the landlord is represented by Clarion Partners, Crow Holdings Capital, & Rob Riner Cos.

Players

Clarion Partners
Clarion PartnersLender
Clarion Partners
Clarion PartnersLandlord

Fort Worth Hotel Market Snapshot

Boundary boundary · Hotel · Lease 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