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429 West Kennedale Parkway

Updated Feb 19, 2026

First Fence US Inc. Acquires Industrial Asset At 429 West Kennedale Parkway For $4.92M
SOLDIndustrial

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

Patrick Cromwell

Savills

Broker

$4.9M

vol

1 deal

Broker

Kennedale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $153 per square foot on a published $4.9M for 32,000 square feet (2026).

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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

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