Updated Feb 19, 2026
First Fence US Inc. Acquires Industrial Asset At 429 West Kennedale Parkway For $4.92M
429 West Kennedale Parkway
$4,920,000
$153/SF
Building Size
32,000 SF
Asset Type
Industrial
Closing
Feb 2, 2026
About this deal
AI
The property asset involved in the transaction is an industrial facility located at 429 West Kennedale Parkway in the Dallas-Fort Worth market. This property was sold for a total price of $4,920,000, encompassing a total square footage of 32,000, which translates to a price per square foot of $153.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,920,000
- Address: 429 West Kennedale Parkway
- Market: Dallas-Fort Worth
- Square Footage: 32,000
- Price per Square Foot: $153
- Buyer: First Fence US Inc.
- Seller: Tony & Barbara Cecil
- Buyer's Representative: Patrick Cromwell - Savills
The transaction features First Fence US Inc. as the buyer, while the sellers are Tony & Barbara Cecil. The buyer is represented by Patrick Cromwell from Savills, facilitating the transaction on their behalf.
Players
Kennedale 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
3.22%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93