Vertical Ventures Acquires Office Building In Fort Worth, TX For $Undisclosed
14800 Trinity Boulevard, Euless, Texas 76155, United States
Building Size
233 SF
Asset Type
Office
Closing
Nov 22, 2022
About this deal
AI
The recently closed property transaction in Fort Worth, TX involved an office asset spanning approximately 233,000 square feet. Located at 14800 Trinity Blvd & 4950 Amon Carter Blvd, the property was sold in a deal facilitated by Transwestern on behalf of the seller, KDC, to Vertical Ventures.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 14800 Trinity Blvd & 4950 Amon Carter Blvd, Fort Worth, TX
- Market: Fort Worth, TX
- Asset Size: 233,000 square feet
Transwestern, acting as the broker, played a crucial role in facilitating the transaction between KDC and Vertical Ventures. This closed deal marks another successful venture in the Fort Worth market.
On the Map
Office
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Fort Worth Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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