Rowland Ventures Acquires Office At 6500 W Vickery Blvd In Fort Worth
6500 W Vickery BLVD, Fort Worth, TX...
Building Size
3,580 SF
Asset Type
Office
Closing
Nov 22, 2023
AI
Located at 6500 W Vickery Blvd in Fort Worth, TX, the property involved in this transaction is an office building spanning 3,580 square feet. The buyers, Rowland Ventures, LLC, acquired the property from sellers Garrett and Bernard Whitney. The deal was facilitated by David Corley III of LanCarte Commercial representing the buyer, and Vic Meyer and Cullen Donohue of Stream Realty Partners representing the sellers.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Fort Worth
- Seller's Rep: Vic Meyer (Holt Lunsford Commercial)
- Buyer: Rowland Ventures
- SF: 3580
One of the key individuals involved in this transaction is Vic Meyer from Holt Lunsford Commercial, who represented the sellers in the deal. The buyers, Rowland Ventures, LLC, were represented by David Corley III of LanCarte Commercial. The exchange of this office property at 6500 W Vickery Blvd highlights the active commercial real estate market in the Fort Worth area.
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