Elbit Systems Industrial/Office Campus Sold In Fort Worth To Bezhalel Machlis - Marcus & Millichap
4700 Marine Creek Parkway, Fort Worth, TX 76179, USA
Building Size
215,729 SF
Asset Type
Industrial
Closing
Jun 30, 2020
AI
The Industrial/Office campus located at 4700 Marine Creek Pkwy in Fort Worth has been sold. The property, which spans 215,729 square feet, was purchased by Elbit Systems. The transaction took place on July 1, 2020.
Summary of transaction details
- Property Type: Industrial/Office campus
- Transaction Date: July 1, 2020
- Address: 4700 Marine Creek Pkwy, Fort Worth
- Market: Fort Worth
- Total Square Footage: 215,729
Elbit Systems, represented by Bezhalel Machlis, acquired this property situated on 25 acres. The campus has been leased to Elbit Systems since 1993 on a triple-net basis. Marcus & Millichap, with Adam Abushagur as the broker, facilitated the transaction on behalf of Elbit Systems.
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