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Central Square 1701-1833 Airport Fwy

46,440 SF 95% Leased Retail Building Bedford, TX 76021 £6,609,950 (£142/SF) 7.50% Net Initial Yield

Investment Highlights

  • ­Excellent freeway visibility on the frontage road of Texas 183 on Airport Fwy/Hwy 121
  • Central Square is located 24 miles northwest of downtown Dallas and 16 miles northeast of downtown Fort Worth, providing easy access to both cities
  • 95% Occupied
  • Surrounded by many national retailers including Texas Harley Davidson, Buffalo Wild Wings, Cheddars Starbucks, Albertsons, Walmart Neighborhood Market
  • Less than 10 miles from Dallas-Forth Worth International Airport

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
46,440 SF
Building Class
C
Year Built
1984
Price
£6,609,950
Price Per SF
£142
Net Initial Yield
7.50%
NOI
£495,746
Percent Leased
95%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Land Acres
3.96 AC
Zoning
Commercial - Commercial
Parking
228 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
654 ft on Aiport Fwy

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1727
  • 1,470 SF
  • Retail
  • -
  • Now
  • 1745
  • 1,080 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1727 1,470 SF Retail - Now
1745 1,080 SF Retail - Now

1727

Size
1,470 SF
Space Use
Retail
Position
-
Available
Now

1745

Size
1,080 SF
Space Use
Retail
Position
-
Available
Now
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
Bank of America
Jason's Deli
H-e-b
Starbucks
Pappadeaux Seafood Kitchen
Chili's
Spring Creek Barbeque-Bedford
Cheddar's Scratch Kitchen
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05667569
Land Assessment
£1,635,843
Improvements Assessment
£2,932,957
Total Assessment
£4,568,800
  • Listing ID: 32016929

  • Date on Market: 04/06/2024

  • Last Updated:

  • Address: 1701-1833 Airport Fwy, Bedford, TX 76021

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