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:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Square Footage: 7,582
- Address: 3409 North Tarrant Parkway
- Market: Fort Worth
- Broker Representatives: Will Walters, Alex Speed & Josie Trent - Duwest Realty
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
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