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4608 Fairlane Avenue

Faropoint Acquires 47,000 Square Foot Industrial Portfolio In Fort Worth Texas
SOLDIndustrial

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

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.

Players

Sarah LanCarte

LanCarte Commercial Real Estate

Broker

8 deals

Broker
Faropoint
FaropointBuyer

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