CBRE Acquires Retail Property On Camp Bowie Boulevard In Fort Worth For $5.3M
6346 Camp Bowie Boulevard
$5,292,000
$380/SF
Building Size
13,905 SF
Asset Type
Retail
Closing
Apr 19, 2023
AI
The retail property located at 6346 Camp Bowie Boulevard in Fort Worth has been sold for a total price of $5,292,000. The property spans a total area of 13,905 square feet, resulting in a price per square foot of $381. The sale of this retail asset marks a significant transaction in the Fort Worth market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,292,000
- Square Footage: 13,905
- Price Per Square Foot: $381
- Address: 6346 Camp Bowie Boulevard
- Market: Fort Worth
The sale of this retail property was facilitated by the brokers David McNevin, Melissa (Ley) Marshall, and Ian Schroeder of CBRE. Their expertise and representation played a crucial role in the successful completion of the transaction. The involvement of CBRE highlights the trust and confidence placed in their services by both the buyer and the seller.
Players
Market 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
3.00%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93