SOLDRetail
Centergy Retail Sells Retail Property In Fort Worth For $Undisclosed Amount, With Seller's Rep Jim Batjer - CBRE
2300 West 7th Street, Fort Worth, Texas 76107, United States
Building Size
114,120 SF
Asset Type
Retail
Closing
Sep 20, 2022
AI
The retail property located at 2300 W 7th St in Fort Worth has been sold. The property has a total square footage of 114,120. The transaction took place on September 21, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 2300 W 7th St
- Market: Fort Worth
- Seller: Centergy Retail
- Broker: Jim Batjer - CBRE
The seller of the retail property was Centergy Retail. Representing the deal was broker Jim Batjer from CBRE.
Players
Fort Worth Retail Market Snapshot
Boundary boundary · Retail · 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