Vantage Bank Leases 15,000 SF Office Space At 3400 West Freeway In Fort Worth
3400 West Freeway, Fort Worth, TX, USA
Building Size
15,000 SF
Asset Type
Office
Closing
May 4, 2021
About this deal
AI
An office space located at 3400 West Freeway in Fort Worth has been leased. The property spans 15,000 square feet and was leased by Vantage Bank. The landlords, Cornerstone Projects Group and Trident Structures, were represented by Cullen Donohue, Seth Koschak, Chris Doggett, and Vic Meyer from Stream Realty Partners. Theron Bryant from Transwestern acted as the tenant's representative in the deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not available
- Address: 3400 West Freeway
- Market: Fort Worth
This lease transaction involved Vantage Bank as the tenant and Cornerstone Projects Group, along with Trident Structures, as the landlords. The tenant's representative in the deal was Theron Bryant from Transwestern. On the other side, Cullen Donohue, Seth Koschak, Chris Doggett, and Vic Meyer from Stream Realty Partners represented the landlords. The leased office space, spanning 15,000 square feet, is situated at 3400 West Freeway in Fort Worth.
On the Map
Office
View full map
Players
Fort Worth Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas office leases on Traded.
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