CBRE National Partners Represents Hunt Southwest In Sale Of Industrial Property In Fort Worth
1851 Northeast Loop 820, Fort Worth, TX, USA
Building Size
1,023,488 SF
Asset Type
Industrial
Closing
May 24, 2020
AI
The industrial property located at 1851 NE Loop 820 in Fort Worth has been sold in a recent transaction. The property spans across 1,023,488 square feet, making it a substantial asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 05/24/2021
- Address: 1851 NE Loop 820, Fort Worth
- Market: Fort Worth
- Square Footage: 1,023,488
The property was sold by Hunt Southwest Real Estate Development, LLC. The sale was facilitated by the brokers Jack Fraker, Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber from CBRE National Partners. Their expertise and representation played a crucial role in the successful completion of the deal.
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