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This exceptional Bedford, Texas shopping center presents a compelling investment opportunity. The 46,440 square foot, Class B property, built in 1984, sits on a 3.96-acre lot and features 14 tenants with 95% occupancy, generating a strong NOI of $627,519 and a 7.5% cap rate. Priced at $8,366,920 ($180.17/sq ft), this multi-tenant, NNN-leased center boasts a new roof (July 2024), ample parking, and high visibility on Airport Fwy/Hwy 121, experiencing approximately 195,900 vehicles per day. Its strategic location in the DFW Metroplex, just 24 miles from Downtown Dallas and 16 miles from Downtown Fort Worth, offers unparalleled access and visibility. The property benefits from below-market average rents and is surrounded by numerous national retailers, including Texas Harley Davidson, Buffalo Wild Wings, Cheddar's, Starbucks, Albertsons, and a Walmart Neighborhood Market. Less than 10 miles from DFW International Airport, this asset provides a rare chance to acquire a thriving retail center in a highly desirable Texas location. The one-story building offers significant potential for rental growth and long-term appreciation. This is a prime opportunity for investors seeking a stable, high-performing commercial property in a rapidly growing market.
Highlights
High visibility from Texas 183 frontage road and Airport Fwy/Hwy 121.
Strong national retailer co-tenancy including Texas Harley Davidson, Buffalo Wild Wings, Cheddar's, Starbucks, Albertsons, and Walmart Neighborhood Market.
Convenient location 24 miles northwest of Dallas and 16 miles northeast of Fort Worth.
Less than 10 miles to Dallas-Fort Worth International Airport (DFW).
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.