Updated Sep 23, 2026
An Undisclosed Tenant Leases 35,000 Square Feet Industrial Space In Fort Worth's Beach Street
566 North Beach Street
Building Size
35,000 SF
Asset Type
Industrial
Closing
Sep 21, 2026
About this deal
AI
An undisclosed tenant has leased 35,000 square feet of industrial space located at 566 North Beach Street in Fort Worth, Texas. The property is part of a larger 123,450-square-foot industrial building offering valuable space in a strategic market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Square Footage: 35,000
- Address: 566 North Beach Street
- Market: Fort Worth, TX
- Landlord: Melvin Evans Warehouses Ltd
- Landlord's Representative: Nick Talley - LanCarte Commercial Real Estate
- Tenant's Representatives: Aaron Schulle, Trey Fricke & Reid Bassinger - Lee & Associates
The lease was facilitated by the representatives from Lee & Associates, who worked on behalf of the tenant, while Nick Talley represented the landlord in this transaction. This collaboration indicates the involvement of experienced professionals in the leasing process.
Players
Beach 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