Updated Dec 21, 2023
TradeLane Properties US Industrial Fund II Acquires Industrial Property In White Settlement - 1650 S Cherry Ln
1650 South Cherry Lane, White Settlement, Texas 76108, United States
Building Size
120,000 SF
Asset Type
Industrial
Closing
Jul 14, 2022
About this deal
AI
A 120,000 square foot industrial property located at 1650 S Cherry Ln in White Settlement has been sold. The transaction took place on July 15, 2022, in the White Settlement market. The property sits on 8 acres of land.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 1650 S Cherry Ln
- Market: White Settlement
- Square Footage: 120,000
- Acres: 8
The buyer of the property is TradeLane Properties US Industrial Fund II.
Traded’s record for 1650 South Cherry Lane, White Settlement, Texas 76108, United States in Fort Worth, Texas covers a industrial sale from 2022. The building is 120,000 square feet, implying about 0 per square foot on the published price. This page is the Fort Worth, Texas file for the 1650 South Cherry Lane, White Settlement, Texas 76108, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Fort Worth sit in the Market section below. Filter that Fort Worth industrial set by closing date to see what else sold near 1650 South Cherry Lane, White Settlement, Texas 76108, United States around 2022. Cite this TradeLane Properties US Industrial Fund II Acquires Industrial Property In White Settlement - 1650 S Cherry Ln sale when underwriting similar industrial product around Fort Worth, Texas.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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