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14800 Trinity Boulevard, Eu...

Vertical Ventures Acquires Office Building In Fort Worth, TX For $Undisclosed
SOLDOffice

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

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.

Players

VV
Vertical VenturesBuyer

Fort Worth Office Market Snapshot

Boundary boundary · Office · Sale 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