Goodwill Industries Acquires Office Building In Fort Worth For 32,256 SF
4200 Airport Freeway, Fort Worth, TX, USA
Building Size
32,256 SF
Asset Type
Office
Closing
Aug 5, 2020
About this deal
AI
The property involved in this transaction is an office building located at 4200-4304 Airport Freeway in Fort Worth. It has a total area of 32,256 square feet and sits on 2.28 acres of land.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4200-4304 Airport Freeway, Fort Worth
- Market: Fort Worth
- Square Footage: 32,256
- Acres: 2.28
The seller of the property is Lakeland West Capital 37, LLC. The buyer is Goodwill Industries. Erik Blais from Bradford Commercial Real Estate Services represented the seller in this transaction, while Sandra Chapman from Quine & Associates represented the buyer.
On the Map
Office
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Players
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