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7901 South Freeway

Romit Cheema Of CanTex Capital Acquires 230292 SF Industrial Property In Fort Worth
SOLDIndustrial

Romit Cheema Of CanTex Capital Acquires 230292 SF Industrial Property In Fort Worth

7901 South Freeway

Building Size

230,292 SF

Asset Type

Industrial

Closing

Mar 10, 2025

AI

A 230,292-square-foot industrial property has been acquired by CanTex Capital, located at 7901 South Freeway in Fort Worth. This manufacturing facility sits on 20 acres and features 26-foot clear heights along with multiple loading doors, making it suitable for industrial operations. CanTex plans to implement capital improvements following the purchase.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Undisclosed
  • Square Footage: 230,292
  • Address: 7901 South Freeway
  • Market: Fort Worth
  • Buyer: Romit Cheema - CanTex Capital
  • Broker: Todd Hubbard - NAI Global

Romit Cheema represented CanTex Capital in this acquisition, while Todd Hubbard acted as the broker for the transaction, representing the buyer throughout the deal. This move aligns with CanTex's strategy of expanding its real estate portfolio in the industrial sector.

Players

Todd Hubbard

NAI Global

Broker

9 deals

Broker
Romit Cheema

Romit Cheema

CanTex Capital

Buyer

10 deals

Buyer

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