Innovative Business Services LLC Leases Industrial Space At 800 Railhead Rd In Fort Worth, Texas
800 Railhead Road, Fort Worth, Texas 76106, United States
Building Size
20,385 SF
Asset Type
Industrial
Closing
Apr 17, 2022
AI
Located at 800 Railhead Rd in Fort Worth, this industrial property spans 20,385 square feet. The lease transaction for this asset was completed on April 18, 2022. The property is owned by Sun Life Assurance Co and the tenant is Innovative Business Services LLC.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 800 Railhead Rd
- Market: Fort Worth
- Asset Type: Industrial
- Square Footage: 20,385
The landlord's representative in this deal was Nick Talley from Bradford Commercial Real Estate Services. On the other hand, the tenant was represented by Jay Benner from Cushman & Wakefield.
Players
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