SOLDIndustrial
Adam Abushagur, Davis Cagle & Tyler Ranft Of Marcus & Millichap Sell Industrial Property In Fort Worth, TX
1000 Northeast 28th Street, Fort Worth, Texas 76106, United States
Building Size
108 SF
Asset Type
Industrial
Closing
Nov 14, 2022
AI
A 108,951 square foot industrial property located at 1000 Northeast 28th Street in Fort Worth, TX has been sold. The transaction took place on 11/14/2022. The property sits on 9.39 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1000 Northeast 28th Street, Fort Worth, TX
- Market: Fort Worth, TX
- Square Footage: 108,951
- Acres: 9.39
The sale was facilitated by brokers Adam Abushagur, Davis Cagle, and Tyler Ranft from Marcus & Millichap.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale 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