Structure Commercial Acquires Retail Property On Ephriham Avenue In Fort Worth
2551 Ephriham Avenue, Fort Worth, TX 76164, 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 has been sold. The property spans 24,852 square feet and was sold on November 19, 2020.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 2551 & 2555 Ephriham Avenue, Fort Worth
- Market: Fort Worth
- Square Footage: 24,852
The seller of the property was Fallas Discount Store. Shawn Ackerman from Henry S. Miller represented the seller in this transaction. The buyer was represented by Troy Morgan and Rob Exline from Structure Commercial.
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