Westin Automotive Products Leases Industrial Space In Fort Worth With Tenant's Rep Reid Bassinger - Lee & Associates
4675 Railhead Road, Fort Worth, Texas 76106, United States
Building Size
128,400 SF
Asset Type
Industrial
Closing
May 17, 2022
AI
An industrial property located at 4675 Railhead Rd in Fort Worth has recently been leased. The property spans 128,400 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 05/18/2022
- Address: 4675 Railhead Rd, Fort Worth
- Market: Fort Worth
- Square Footage: 128,400
The landlord for this lease transaction is James Campbell Co., whereas the tenant is Westin Automotive Products. Representing the landlord, Matt Carthey and George Jennings from Holt Lunsford Commercial played a pivotal role. On the other hand, Reid Bassinger from Lee & Associates served as the tenant's representative.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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