15600 Trinity BLVD
15600 Trinity BLVD, Fort Worth, TX, 7...
Building Size
14,385 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
Belfor USA Group has signed a lease renewal for 14,385 square feet at 15600 Trinity BLVD, located in Fort Worth, Texas. This property is categorized as an industrial flex space and is situated within the Fort Worth market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 15600 Trinity BLVD, Fort Worth, TX
- Market: Fort Worth
- Tenant: Belfor USA Group
- Landlord: SCG River Park Business Center LP
- Tenant's Representative: Caleb McCoy - JLL
- Landlord's Representative: Michael Spain - Bradford Commercial Real Estate Services
The lease negotiation was facilitated by Caleb McCoy representing Belfor USA Group and Michael Spain acting on behalf of SCG River Park Business Center LP. This transaction reflects a continuation of the tenant’s presence in the RiverPark Business Center.
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