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
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