Updated Jun 10, 2026
Faropoint Acquires 47,000 Square Foot Industrial Portfolio In Fort Worth Texas
4608 Fairlane Avenue
Building Size
47,000 SF
Asset Type
Industrial
Closing
Jun 4, 2026
About this deal
AI
An industrial portfolio comprising two buildings was acquired by Faropoint. The properties include a total square footage of 47,000 located at 4608 Fairlane Avenue and 4700 S. Edgewood Terrace in Fort Worth, Texas.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Asset Size: 47,000 square feet
- Address: 4608 Fairlane Avenue, Fort Worth, TX
- Buyer: Faropoint
- Broker: Finn Wilson & Sarah LanCarte - LanCarte Commercial
LanCarte Commercial represented both Faropoint and the undisclosed seller in this transaction and has been retained as the leasing agent for the industrial portfolio.
On the Map
Industrial
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Players
Mechanicsville 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