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8200 South Fwy, Fort Worth,...

Lee & Associates Negotiates 301,995 SF Industrial Lease In Fort Worth
LEASEDIndustrial

Lee & Associates Negotiates 301,995 SF Industrial Lease In Fort Worth

8200 South Fwy, Fort Worth, TX, 76134

Building Size

301,995 SF

Asset Type

Industrial

Closing

Nov 22, 2023

AI

The Everman Distribution Center, an industrial property located at 8200 South Fwy, Fort Worth, TX, 76134, spans a total of 301,995 square feet. Situated in Fort Worth, this asset within Carter Distribution Center boasts impressive features such as 38-foot clear heights, 280-foot truck court depths, 196 car parking spaces, 92 trailer parking spaces, and 22 dock-high doors.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Landlord: The Hollingsworth Cos
  • Landlord's Representative: Trey Fricke (Lee & Associates)
  • Tenant: Unknown
  • Square Feet: 301,995

The lease negotiations for the industrial property at Everman Distribution Center in Fort Worth were facilitated by Trey Fricke and Reid Bassinger of Lee & Associates representing the landlord, The Hollingsworth Cos. On the other side, Tom Golarz and James Ewing of Colliers International acted as representatives for the tenant, whose identity remains undisclosed.

Players

Trey Fricke

Lee & Associates

Broker

8 deals

Broker
TC
The Hollingsworth Cos.Landlord

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