facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Mixed Use

/

Lease

/

275 University Drive

Fort Signs NNN Lease For 21,600 Square Feet At 275 University Drive In Fort Worth
LEASEDMixed-use

Fort Signs NNN Lease For 21,600 Square Feet At 275 University Drive In Fort Worth

275 University Drive

$24

$24/SF

Building Size

21,600 SF

Asset Type

Mixed-use

Closing

May 31, 2025

AI

A mixed-use asset of 21,600 square feet is located at 275 University Drive in Fort Worth. The property falls under a NNN Lease structure and was leased to a high-caliber tenant, showcasing strong demand for industrial space in the area.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Lease Type: NNN Lease
  • Landlord: Fort
  • Brokers: Todd Hawpe & Gibson Duwe - Transwestern
  • Market: Fort Worth

The landlord, Fort, successfully completed this transaction with zero downtime between tenants, highlighting effective collaboration with both the tenant and the tenant representative broker. Fort is committed to providing turnkey industrial spaces that facilitate efficient transitions for businesses.

Players

Gibson Duwe

Transwestern

Broker

3 deals

Broker

Fort Worth Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

660958.33%

Cash-on-Cash

-188903.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93