Updated Sep 11, 2026
Marcus & Millichap Sells Multi-Tenant Industrial Facility In Fort Worth, Texas
5950 Park Vista Cir Fort Worth, TX 76244, USA
Building Size
26,964 SF
Asset Type
Industrial
Closing
Jun 6, 2023
About this deal
AI
A multi-tenant industrial facility located at 5950 Park Vista Circle in Fort Worth, Texas has been sold by Marcus & Millichap. The property spans 26,964 square feet and sits on a 1.79-acre site. The transaction was facilitated by brokers Davis Cagle and Tyler Ranft.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: N/A
- Square Footage: 26,964
- Address: 5950 Park Vista Circle, Fort Worth, Texas
- Market: Fort Worth
- Brokers: Davis Cagle & Tyler Ranft - Marcus & Millichap
A buyer from New York, seeking a high-yield asset in the robust industrial market, was secured by Davis Cagle and Tyler Ranft as they marketed the property.
On the Map
Industrial
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Players
Texas 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