The Boulder Group Facilitates $2.76M Sale Of Retail Property In Fort Worth
7000 North Freeway, Fort Worth, TX, USA
$2,761,000
$408/SF
Building Size
6,753 SF
Asset Type
Retail
Closing
May 18, 2020
About this deal
AI
A retail property located at 7000 North Freeway in Fort Worth, Texas, has recently been sold for a price of $2,761,000. The property spans a total area of 6,753 square feet, resulting in a price per square foot of $409.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,761,000
- Address: 7000 North Freeway, Fort Worth, Texas
- Market: Fort Worth
- Asset Type: Retail
The sale was facilitated by Randy Blankstein and Jimmy Goodman, representing The Boulder Group as brokers in the transaction.
This successful deal demonstrates the strong market demand for retail properties in Fort Worth, with the property's attractive characteristics and desirable location contributing to its sale. The involvement of Randy Blankstein and Jimmy Goodman from The Boulder Group highlights their expertise and reputation in negotiating and closing commercial real estate transactions.
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
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93