1833 Airport FwyBedford, TX 76021

For Sale
$8,366,920

Bedford, TX Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
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).

Property Details for 1833 Airport Fwy

Property type
Lifestyle centers, Power centers
Square Feet
46,440 SF
Class
B
Year Built
1984
Stories
1
Lot Size (sq. ft)
172,498 SF

Location Insight

City
Bedford
County
Tarrant
State
Texas
Latitude
32.83740211513
Longitude
-97.138608145671
1833 Airport Fwy, Bedford, Texas

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1833 Airport Fwy
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