Holt Lunsford Commercial Leases 29,571 SF Office Space In Fort Worth With Broker Reps Matt Carthey, Jake Neal, Matt Heidelbaugh, And Jim Smith
4150 International Plaza, Fort Worth, Tarrant County, TX, USA
Building Size
29,571 SF
Asset Type
Office
Closing
Jun 4, 2020
AI
The office property located at 4150 International Plaza in Fort Worth, Tarrant County, was recently leased. The lease transaction took place on 06/05/20, with the tenant occupying a total area of 29,571 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
Holt Lunsford Commercial, represented by Pat Hamilton, leased the property from FLDR/TLC Overton Centre LP, represented by William V Boecker. The leasing process was facilitated by brokers from Holt Lunsford and Cushman & Wakefield. Holt Lunsford was represented by Matt Carthey and Jake Neal, while Matt Heidelbaugh and Jim Smith represented Cushman & Wakefield.
Players
Fort Worth Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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