Samsung Leases Industrial Space At 9450 Burleson Cardinal Rd In Fort Worth, TX With Tenant's Rep Mark Becker - Cushman & Wakefield
9450 Burleson Cardinal Road, Fort Worth, Texas 76134, United States
Building Size
670,941 SF
Asset Type
Industrial
Closing
Dec 6, 2022
AI
The industrial property located at 9450 Burleson Cardinal Road in Fort Worth, TX has been leased. The property spans a total of 670,941 square feet and is owned by VanTrust Real Estate. The tenant for this lease is Samsung.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Date: 12/06/2022
- Address: 9450 Burleson Cardinal Road, Fort Worth, TX
- Market: Fort Worth, TX
- Asset Type: Industrial
- Square Footage: 670,941
The landlord's representative in this lease is Scott Moore from CBRE. Additionally, Nathan Lawrence and Krista Raymond from KBC Advisors also represent the landlord. On the tenant's side, Mark Becker from Cushman & Wakefield is the representative.
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