Updated Oct 28, 2024
Lee & Associates Represents Landlord On Industrial Lease Deal In Fort Worth
6657 Oak Grove Rd, Fort Worth, TX, USA
Building Size
301,995 SF
Asset Type
Industrial
Closing
Nov 8, 2021
About this deal
AI
The industrial property located at 6633-6657 Oak Grove Road in Fort Worth has been leased. The property spans a total of 301,995 square feet, making it a substantial asset in the market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 6633-6657 Oak Grove Road
- Market: Fort Worth
- Landlord: The Hollingsworth Cos.
- Landlord's Rep: Trey Fricke & Reid Bassinger - Lee & Associates
- Tenant's Rep: Tom Golarz & James Ewing - Colliers International
Trey Fricke and Reid Bassinger from Lee & Associates represented the landlord, The Hollingsworth Cos., in this leasing transaction. Meanwhile, Tom Golarz and James Ewing from Colliers International represented the tenant. The identity of the tenant is not available in the provided information.
On the Map
Industrial
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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