SOLDIndustrial
CanTex Capital Acquires Industrial Property In Fort Worth
3201 North Sylvania Avenue, Fort Worth, TX 76111, USA
Building Size
880,000 SF
Asset Type
Industrial
Closing
Dec 10, 2021
AI
CanTex Capital has recently acquired an industrial property located at 3201 N Sylvania Ave in Fort Worth. The property spans 880,000 square feet and has been sold for an undisclosed amount.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3201 N Sylvania Ave
- Market: Fort Worth
- Image: Todd Hubbard
- Date: 12/10/2021
Todd Hubbard from NAI Robert Lynn represented CanTex Capital in this transaction.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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