Updated Oct 29, 2024
Monster Energy Co. Signs 217,537 SF Industrial Lease At Everman Trade Center In Fort Worth
160 West Everman Parkway
Building Size
217,537 SF
Asset Type
Industrial
Closing
Sep 18, 2023
About this deal
AI
An industrial property spanning 217,537 square feet located at 160 West Everman Freeway in Fort Worth has been leased. The property is part of Everman Trade Center, a development consisting of four buildings totaling 457,745 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Address: 160 West Everman Freeway
- Market: Fort Worth
- Square Footage: 217,537
Monster Energy Co. has signed the lease agreement for the industrial property. The tenant was represented by Rick Ellison from Cushman & Wakefield during the negotiation process. Cabot Properties, a Boston-based landlord, was represented by Matt Carthey and Thomas Grafton from Holt Lunsford Commercial.
On the Map
Industrial
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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