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3440 Highway 114,Fort Worth...

Updated Oct 29, 2024

Evo Pak Packaging Leases Industrial Space In Fort Worth, TX
LEASEDIndustrial

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

About this deal

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:

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.

On the Map

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Industrial

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Players

Andrew Gilbert

Holt Lunsford Commercial

Broker

16 deals

Broker
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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

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