Updated Nov 28, 2024
CIM Group Acquires 1,128,000 SF Industrial Property On Oak Grove Road In Fort Worth, Tarrant County
7550 Oak Grove Road, Fort Worth, Tarrant County, TX, USA
Building Size
1,128,000 SF
Asset Type
Industrial
Closing
May 27, 2020
About this deal
AI
A 1,128,000 square foot industrial property located at 7550 Oak Grove Road in Fort Worth, Tarrant County has been sold. The sale took place on May 28, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Tarrant County
- Buyer: CIM Group - Shaul Kuba, Richard Ressler, & Avi Shemesh
The buyer of this industrial property is CIM Group, represented by Shaul Kuba, Richard Ressler, and Avi Shemesh.
Traded’s record for 7550 Oak Grove Road, Fort Worth, Tarrant County, TX, USA in Fort Worth, Texas covers a industrial sale from 2020. The building is 1,128,000 square feet, implying about 0 per square foot on the published price. Named participants on the 7550 Oak Grove Road, Fort Worth, Tarrant County, TX, USA sale are Shaul Kuba, Richard Ressler, Avi Shemesh. This page is the Fort Worth, Texas file for the 7550 Oak Grove Road, Fort Worth, Tarrant County, TX, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Fort Worth sit in the Market section below. Filter that Fort Worth industrial set by closing date to see what else sold near 7550 Oak Grove Road, Fort Worth, Tarrant County, TX, USA around 2020. Cite this CIM Group Acquires 1,128,000 SF Industrial Property On Oak Grove Road In Fort Worth, Tarrant County sale when underwriting similar industrial product around Fort Worth, Texas.
On the Map
Industrial
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Players
Fort Worth 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