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3201 North Sylvania Avenue

UMC Energy Solutions Leases 25898 Square Feet At Sylvania Industrial Park With Landlord CanTex Capital
LEASEDIndustrial

UMC Energy Solutions Leases 25898 Square Feet At Sylvania Industrial Park With Landlord CanTex Capital

3201 North Sylvania Avenue

Building Size

25,898 SF

Asset Type

Industrial

Closing

Feb 6, 2025

AI

The asset involved in this lease transaction is an industrial property located at 3201 North Sylvania Avenue in Fort Worth. The property spans a total area of 25,898 square feet and is part of a 64-acre rail-served development known as Sylvania Industrial Park.

Summary of transaction details:

This lease was facilitated by prominent industry professionals. UMC Energy Solutions secured the lease with representation from Carter Sells, Trey Goodspeed, and Vic Meyer of Holt Lunsford Commercial, while Todd Hubbard of NAI Robert Lynn acted on behalf of the landlord, CanTex Capital.

Players

Vic Meyer

Holt Lunsford Commercial

Broker

7 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