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4100 Fleetwood Rd, Fort Wor...

David Stechly Represents Tenant In Lease Of 269388 Square Feet At 4100 Fleetwood Rd Fort Worth
LEASEDIndustrial

David Stechly Represents Tenant In Lease Of 269388 Square Feet At 4100 Fleetwood Rd Fort Worth

4100 Fleetwood Rd, Fort Worth, TX, 7...

Building Size

269,388 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 4100 Fleetwood Rd, Fort Worth, TX. It is managed by ML Realty Partners and encompasses a total of 269,388 square feet. The property is situated in the Fort Worth market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 4100 Fleetwood Rd, Fort Worth, TX
  • Market: Fort Worth
  • Tenant: Amcor Rigid Plastics USA
  • Landlord: ML Realty Partners
  • Tenant's Representative: David Stechly
  • Other Representative: Greg Kloiber

Amcor Rigid Plastics USA has extended its lease at the premises. Matthew Smith, serving as Vice President at ML Realty, mentioned the advantages of the building's central location within the Metroplex for the tenant's operations. Both David Stechly and Greg Kloiber of Campio played pivotal roles in representing Amcor in this transaction.

Players

David Stechly

Broker

2 deals

Broker
ML Realty Partners
ML Realty PartnersLandlord

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