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3409 North Tarrant Parkway

DuWest Realty Facilitates Off-Market Sale Of 3409 North Tarrant Parkway Retail Center In Fort Worth
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DuWest Realty Facilitates Off-Market Sale Of 3409 North Tarrant Parkway Retail Center In Fort Worth

3409 North Tarrant Parkway

Building Size

7,582 SF

Asset Type

Retail

Closing

Feb 28, 2025

AI

3409 North Tarrant Parkway is a retail asset featuring a total square footage of 7,582. This property is located in the Fort Worth market and is fully occupied with multiple tenants.

Summary of transaction details:

DuWest Realty's Investment Services team was responsible for facilitating the off-market acquisition of the retail center, ensuring that it was completely leased at the time of sale.

Players

Alex Speed

Duwest Realty

Broker

$3.3M

vol

8 deals

Broker

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