Chubby Gorilla Leases 54.9K SF Industrial Space At Champions Business Park Fort Worth
15860 Championship Pkwy Fort Worth, TX 76177, USA
Building Size
54,915 SF
Asset Type
Industrial
Closing
Jun 30, 2023
AI
Chubby Gorilla has leased a 54,915-square-foot industrial space at Champions Business Park, located at 15860 Championship Parkway in Fort Worth. The lease transaction was facilitated by Lee & Associates, representing the landlord, Hopewell Development, and Site Selection Group, representing Chubby Gorilla.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Market: Fort Worth
- Address: 15860 Championship Parkway
- Square Footage: 54,915
Reid Bassinger & Nathan Denton from Lee & Associates served as the landlord's representatives in the lease deal, while Sam Pruitt & Luke Harp from Site Selection Group represented Chubby Gorilla.
Players
Texas 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