near southside industrial portfolio · near southside industrial portfolio 210 s. freeway & 501...
TRANSCRIPT
INVESTMENT HIGHLIGHTS
near southside industrial portfolio210 S. FREEWAY & 501 E. BROADWAY STREET • FORT WORTH, TEXAS 76104
INVESTMENT SUMMARY
CAMERON DEPTULADB2RE INVESTMENT SALES
c 214.497.0276o 214.526.3626 x 116e [email protected]
PRICE: $1,816,543
NOI: $127,158
CAP RATE: 7.00%
PRICE PSF: $66.80 / $33.32
GLA: 27,193 SF
OCCUPANCY: 100%
YEAR BUILT: 1960 / 20171947 / 2018
LAND AREA: 1.2513 AC
ZONING: J
DEBT: Free & Clear
• Single-Tenant Net Lease Industrial Portfolio within the Near Southside District. Offering provides investors a perfect mix of office, warehouse and show room space within this high-barrier market.
• Offered well below replacement cost at $66.80 PSF to the improvements and $33.32 PSF to the dirt.
• Excellent infill value-add investment with short term leases, allowing investors to maximize revenue quickly.
• Terrific existing revenue stream with below market rates: 210 at $4.95 NNN and 501 at $3.78 NNN. Minimal to no TI needed.
• Minimal landlord responsibility and management needed as both assets are single-tenant NNN assets. Landlord only responsible for roof and structure.
• Irreplaceable infill location within the Near Southside District of Fort Worth. Properties just south of the Interstate 35 and Interstate 30 exchange into / out of Downtown Fort Worth.
• Direct access to southbound I-35 on ramp. Easily accessible from Vickery Boulevard and W. Lancaster Avenue.
• Approximately 6,607 businesses and 121,229 employees within a 3 mile radius.
CLICK HERE TO VIEW OM