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East Loop 820 North

Buyers Barricades Renews Lease At Riverbend Business Park In Fort Worth
LEASEDIndustrial

Buyers Barricades Renews Lease At Riverbend Business Park In Fort Worth

East Loop 820 North & Trinity Boulevard

Building Size

14,400 SF

Asset Type

Industrial

Closing

Feb 16, 2024

AI

Summary of transaction details

Players

George Jennings

Holt Lunsford Commercial

Broker

8 deals

Broker

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