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200 North Vacek Street

Ambiance Textiles Renews Lease At 200 North Vacek St. In Fort Worth
LEASEDIndustrial

Ambiance Textiles Renews Lease At 200 North Vacek St. In Fort Worth

200 North Vacek Street

Building Size

14,775 SF

Asset Type

Industrial

Closing

Feb 15, 2024

AI

Ambiance Textiles has renewed its lease for a 14,775-square-foot industrial flex building located at 200 North Vacek Street in Fort Worth. The building, originally constructed in 1950, provides a suitable space for the textile company to operate its business.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 02/15/2024
  • Address: 200 North Vacek Street, Fort Worth
  • Square Footage: 14,775

Holt Lunsford Commercial, represented by brokers David Cason and Jake Neal, facilitated the lease renewal for Ambiance Textiles. The negotiation process was successful in securing the tenant's continued presence in the industrial flex building. Unfortunately, the identity of the landlord remains undisclosed.

Players

Jake Neal

Holt Lunsford Commercial

Broker

9 deals

Broker

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