facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

6657 Oak Grove Rd, Fort Wor...

Lee & Associates Represents Landlord On Industrial Lease Deal In Fort Worth
LEASEDIndustrial

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

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

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.

Players

Trey Fricke

Lee & Associates

Broker

8 deals

Broker
TC
The Hollingsworth Cos.Landlord

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