facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

14900 Grand River Road

Cummings Electrical LP Signs 10-Year Lease At 14900 Grand River Road Fort Worth With Fort Capital
LEASEDIndustrial

Cummings Electrical LP Signs 10-Year Lease At 14900 Grand River Road Fort Worth With Fort Capital

14900 Grand River Road

Building Size

66,882 SF

Asset Type

Industrial

Closing

Jul 22, 2025

AI

The property asset involved in the transaction is located at 14900 Grand River Road in Fort Worth. It is an industrial asset encompassing 66,882 square feet. The landlord for this transaction is Fort Capital, while Cummings Electrical LP is the tenant who signed a full-building lease.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Lease Term: 10 years
  • Landlord: Fort Capital
  • Tenant: Cummings Electrical LP
  • Brokers: Jason Finch, Erik Blais & Michael W. Spain - Bradford Commercial Real Estate Services
  • Market: Fort Worth
  • Asset Address: 14900 Grand River Road
  • Square Footage: 66,882

The deal involves Cummings Electrical relocating and expanding its headquarters following a $4 million renovation at 14770 Trinity Blvd. This transaction occurred at Fort Worth’s Centreport Tech Center, which has reached full occupancy just six months after it was vacated.

Players

Erik Blais

Bradford Commercial Real Estate Services

Broker

13 deals

Broker
Bradford Commercial Real Estate Services
Bradford Commercial Real Estate ServicesBrokerage

Fort Worth Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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