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6501 Harris Parkway, Fort W...

Brad Mills Of Marcus & Millichap Sells Office Property In Fort Worth, TX For 30,377 SF
SOLDOffice

Brad Mills Of Marcus & Millichap Sells Office Property In Fort Worth, TX For 30,377 SF

6501 Harris Parkway, Fort Worth, Texas 76132, United States

Building Size

30,377 SF

Asset Type

Office

Closing

Jan 24, 2022

AI

An office property located at 6501 Harris Pkwy in Fort Worth, TX has been sold. The transaction took place on January 11, 2022, with a total square footage of 30,377. The property was listed for sale on Instagram by Brad Mills, a representative from Marcus & Millichap.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not mentioned

This transaction represents a successful sale of an office property in Fort Worth, TX. Brad Mills, from Marcus & Millichap, played a key role in facilitating the deal. The specific details regarding the transaction amount were not mentioned in the available information.

Players

Brad Mills

Marcus & Millichap

Broker

3 deals

Broker

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