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Fort Leases 63795 SF Industrial Space At 2020 East 4th Street With Todd Hubbard As The Broker

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LEASED
$7

Texas

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Industrial63,795 SF
Leased 06/01/2025
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LEASED

Fort Leases 63795 SF Industrial Space At 2020 East 4th Street With Todd Hubbard As The Broker

2020 East 4th Street

See Similar Deals
Industrial63,795 SF
Leased 06/01/2025
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$7
Total Square Footage:63,795 SF
Transaction Type:Lease

The property located at 2020 East 4th Street in Fort Worth is an industrial asset encompassing approximately 63,795 square feet. This is a long-term lease agreement secured for the property, which is a part of the Fort portfolio, indicating its status as a fully leased and actively managed asset.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Lease Type: NNN Lease
  • Landlord: Fort
  • Broker: Todd Hubbard - NAI Global
  • Date of Lease: 06/01/2025

Todd Hubbard represented the landlord, Fort, in this transaction. He noted that upon completing make-ready improvements to the building, there was significant interest from various tenants, largely due to the location's visibility off of 35W and its proximity to downtown Fort Worth. Ultimately, a national credit tenant was secured on a long-term lease, indicating the location was essential for meeting the tenant's requirements.

Players

Todd Hubbard
9 deals
BROKER

NAI Global
BROKERAGE

Details

LEASED
IMAGE: Todd Hubbard DATE: 06/01/2025 ADDRESS: 2020 East 4th Street MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 63,795 LANDLORD: Fort BROKER: Todd Hubbard - NAI Global (@NAI.Global) LEASE TYPE: NNN Lease NOTE FROM LANDLORD: The lease at 2020 E 4th St covers approximately 63,795 square feet and is a long-term agreement. This lease represents a vital commitment to the property, supporting its position as a fully leased and actively managed asset within the Fort portfolio. Todd Hubbard, who represented the landlord Fort, had this to say about the lease: “Upon completion of the make ready improvements of 2020 E. 4th Street, the building had significant interest. The building’s location and visibility off of 35W along with the proximity to downtown attracted a number of tenants to the facility. Ultimately, we were able to secure a national credit tenant on a long-term lease. The location proved to be critical for the tenant’s needs along with the building’s size and features.”

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Deal Type
Effective Rent (Annual)

$522,906.80

Total Lease Value

$5,229,067.99

Net Landlord Cash Flow$522,906.80