Joe Santelli Of The Santelli Group Acquires Retail Property In Fort Worth
5860 North Tarrant Parkway, Fort Worth, TX 76244
Building Size
—
Asset Type
Retail
Closing
Jan 18, 2022
About this deal
AI
A retail property located at 5860-5864 N Tarrant Pkwy in Fort Worth has been sold. The transaction was facilitated by Joe Santelli from The Santelli Group, representing Marcus & Millichap.
Summary of transation details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 01/18/2022
- Address: 5860-5864 N Tarrant Pkwy
- Market: Fort Worth
The retail property sale was completed on January 18, 2022. The property is situated at 5860-5864 N Tarrant Pkwy in Fort Worth. The deal was brokered by Joe Santelli, who represented the buyer and seller through his agency, The Santelli Group, which is affiliated with Marcus & Millichap.
On the Map
Retail
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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