M2G Ventures Leases Industrial Property In Fort Worth To Undisclosed Tenant
10717 North Freeway, Fort Worth, Texas 76177, United States
Building Size
376,782 SF
Asset Type
Industrial
Closing
Mar 30, 2022
AI
An industrial property located at 10717 North Freeway & 2709 Graham Cracker Road in Fort Worth has been leased. The property has a total square footage of 376,782 and is owned by M2G Ventures. The lease was finalized on 03/31/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: N/A
- Market: Fort Worth
- Address: 10717 North Freeway & 2709 Graham Cracker Road
- Landlord: M2G Ventures
- Landlord's Rep: Seth Koschak, Forrest Cook & Brett Carlton - Stream Realty Partners
Seth Koschak, Forrest Cook, and Brett Carlton from Stream Realty Partners represented M2G Ventures in the lease transaction.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · 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