Fort Leases 63795 SF Industrial Space At 2020 East 4th Street With Todd Hubbard As The Broker
2020 East 4th Street
$7
$7/SF
Building Size
63,795 SF
Asset Type
Industrial
Closing
May 31, 2025
AI
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
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
2266142.86%
Cash-on-Cash
-647670.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93