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1201 John Burgess Drive

ReturnPro Signs 123241 Square Foot Lease With Agellan Capital Partners In Fort Worth
LEASEDIndustrial

ReturnPro Signs 123241 Square Foot Lease With Agellan Capital Partners In Fort Worth

1201 John Burgess Drive

Building Size

123,241 SF

Asset Type

Industrial

Closing

Dec 19, 2025

AI

The property involved in the transaction is an industrial asset located at 1201 John Burgess Drive, Fort Worth, Texas. It encompasses a total space of 123,241 square feet and is positioned within the Fort Worth market.

Summary of transaction details:

Lee & Associates Dallas-Fort Worth successfully completed the lease on behalf of ReturnPro at Carter Industrial Park. The tenant was represented by Reid Bassinger, Trey Fricke, and Schaefer Amos, while the landlord was represented by Cheyenne Mungaray, Forrest Cook, and Jeff Rein from Stream Realty Partners.

Players

Forrest Cook

Stream Realty Partners⁠

Broker

8 deals

Broker

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