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2555 Ephriham Avenue, Fort ...

Structure Commercial Acquires Retail Property At 2551 & 2555 Ephriham Avenue In Fort Worth
SOLDRetail

Structure Commercial Acquires Retail Property At 2551 & 2555 Ephriham Avenue In Fort Worth

2555 Ephriham Avenue, Fort Worth, TX, USA

Building Size

24,852 SF

Asset Type

Retail

Closing

Nov 18, 2020

AI

The retail property located at 2551 & 2555 Ephriham Avenue in Fort Worth was recently sold. The transaction took place on November 19, 2020. The property spans an area of 24,852 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: Not disclosed
  • Seller: Fallas Discount Store
  • Seller's Representative: Shawn Ackerman from Henry S. Miller
  • Buyer's Representatives: Troy Morgan and Rob Exline from Structure Commercial
  • Market: Fort Worth

In this transaction, Fallas Discount Store served as the seller of the property. Shawn Ackerman, representing Henry S. Miller, acted as the seller's representative. On the buyer's side, Troy Morgan and Rob Exline from Structure Commercial represented the purchasing party.

Players

Troy Morgan

Broker

3 deals

Broker
FS
Fallas Discount StoreSeller

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