Shoppa’s Material Handling Signs Lease For Industrial Property On Diplomacy Road In Fort Worth With Lee & Associates As Representatives
4395 Diplomacy Road, Fort Worth, Texas 76155, United States
Building Size
65,814 SF
Asset Type
Industrial
Closing
Mar 15, 2022
AI
An industrial property located at 4395 Diplomacy Road in Fort Worth has recently been leased. The property spans approximately 65,814 square feet and is part of the industrial market.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 03/16/2022
- Address: 4395 Diplomacy Road
- Market: Fort Worth
- Square Footage: 65,814
The tenant for this lease is Shoppa’s Material Handling. The landlord's representatives involved in the transaction are Adam Graham and Mark Graybill from Lee & Associates. Representing the tenant are Reid Bassinger and Trey Fricke, also from Lee & Associates DFW.
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