Imperial Bag & Paper Co. Signs Lease For Industrial Property In Fort Worth
5200 South Freeway, Fort Worth, Texas 76132, United States
Building Size
106,122 SF
Asset Type
Industrial
Closing
Mar 28, 2022
AI
The property involved in this transaction is an industrial asset located at 5200 South Freeway in Fort Worth. It spans a total area of 106,122 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 03/29/2022
- Address: 5200 South Freeway, Fort Worth
- Market: Fort Worth
- Tenant: Imperial Bag & Paper Co. LLC
- Landlord's Rep: Trey Fricke, Reid Bassinger & Becky Thompson - Lee & Associates Dallas Fort Worth
- Tenant's Rep: Brad Balke - Colliers International DFW
Trey Fricke, Reid Bassinger, and Becky Thompson from Lee & Associates Dallas Fort Worth acted as the landlord's representatives in this lease deal. Brad Balke from Colliers International DFW represented the tenant, Imperial Bag & Paper Co. LLC.
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