Reon Roski Of Majestic Realty Leases 129,143 SF Industrial Space To NFI Industries
473 Successful Drive
Building Size
129,143 SF
Asset Type
Industrial
Closing
Jun 13, 2025
AI
The property asset involved in the context is located at 473 Successful Drive in Fort Worth, within an industrial complex measuring 2.65 million square feet. The specific space that has been leased is 129,143 square feet and is part of a larger offering by the owners Majestic Realty and Hickman Co., who have approximately 780,000 square feet available for lease. The building has been under development since 2019.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: Reon Roski - Majestic Realty & Hickman Co
- Tenant: Sidney Brown - NFI Industries
- Broker: KBC Advisors
NFI Industries has fully leased Building 5 at Fort Worth South Business Park, demonstrating a significant commitment to the location. KBC Advisors facilitated this transaction, ensuring all parties were represented effectively in the lease agreement.
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