World Relief North Texas Leases Office Space In Fort Worth's 1500 North Main Street
1500 N Main St Fort Worth, Tx 76164, Usa
Building Size
10,450 SF
Asset Type
Office
Closing
Jun 15, 2023
About this deal
AI
Boxer Property has facilitated a lease agreement with World Relief North Texas for a 10,450-square-foot office space located at 1500 North Main Street in Fort Worth. This property will serve as a new office location to support World Relief's mission of aiding refugees and immigrants, providing a dynamic environment for collaboration and community engagement.
Summary of Transaction Details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 1500 North Main Street
- Market: Fort Worth
- Square Footage: 10,450
Freddy Carrillo from Boxer Property represented World Relief North Texas in this lease agreement.
Players
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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