Fort Worth Retail Property Sells For Undisclosed Amount With Buyer's Rep Phillip Mazaheri & Seller's Rep Chris Gerard, Barry Brown & Matthew Barge - JLL
SEC Chisholm Trail Pkwy & McPherson Blvd, Fort Worth, TX 76123
Building Size
213 SF
Asset Type
Retail
Closing
Jan 12, 2022
About this deal
AI
The retail property located at the SEC Chisholm Trail Pkwy & McPherson Blvd in Fort Worth has been sold. The property spans a total area of 213,416 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: SEC Chisholm Trail Pkwy & McPherson Blvd, Fort Worth
- Market: Fort Worth
- Image: Chris Gerard & Barry Brown
- Date: 12/01/2022
The property was sold by Street Level Investments & Mazaheri Properties. The buyer's representative in the deal was Phillip Mazaheri from Price Edwards & Company. On the seller's side, the deal was managed by Chris Gerard, Barry Brown, and Matthew Barge from JLL.
Players
Lometa 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