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
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