Evo Pak Packaging Leases Industrial Space In Fort Worth, TX
3440 Highway 114,Fort Worth,Texas
Building Size
24,129 SF
Asset Type
Industrial
Closing
Feb 23, 2023
AI
The industrial property located at 3440 Highway 114 in Fort Worth has been leased. The property spans an area of 24,129 square feet and is situated in the Fort Worth market.
Summary of transaction details:
- Property Type: Industrial
- Date: 02/23/2023
- Tenant: Evo Pak Packaging
- Brokers: Keaton Brice & Andrew Gilbert - Holt Lunsford Commercial
Evo Pak Packaging has secured the lease for the aforementioned industrial property. The deal was facilitated by brokers Keaton Brice and Andrew Gilbert from Holt Lunsford Commercial.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93