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Lee & Associates Brokers 41.8K SF Industrial Lease For Echo Fibers In Fort Worth
LEASED
Texas
See Similar DealsIndustrial41,832 SF
Leased 05/04/2023
LEASED
Lee & Associates Brokers 41.8K SF Industrial Lease For Echo Fibers In Fort Worth
2101 Terminal Rd Fort Worth, TX 76106, USA
See Similar DealsIndustrial41,832 SF
Leased 05/04/2023
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:41,832 SF
Transaction Type:Lease
A 41,832-square-foot industrial lease has been brokered by Lee & Associates for recycling and waste management firm Echo Fibers. The lease was signed for a property located at 2101 Terminal Road in Fort Worth. The property, which sits on a 10-acre site and was built in 1957, offers 20-foot clear heights and 140 car parking spaces.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 2101 Terminal Road, Fort Worth
Corbin Blount and Adam Graham represented Echo Fibers in the leasing deal, while Britton New represented the landlord, GT Industrial Properties.
Note: Lee & Associates facilitated the leasing transaction internally.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,397,785.00
Total Lease Value
$23,977,849.97
Net Landlord Cash Flow$2,397,785.00
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