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Four-Story Multi-Tenant Office Building
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1903 Central Dr, Bedford, TX 76021

Four-story office building with recently renovated common areas and entryways, plus multiple available suites.

Property Size40,987 SF
Days on Market125

Property Features for 1903 Central Dr

General Information

Standard status Active
Size 40,987 SF
Property subtype Office
Occupancy 73%

Building Details

Year Built 1986
Stories 4
Tenancy Multi
Listing Agency: Flex Parks USA LLC
Listed By: Michael Tran · License #669326
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flex Parks USA LLC

Investment Insights

Based on property information with market context.

This four-story multi-tenant office building totals 40,987 square feet and was constructed in 1986. The property has undergone multiple recent renovations, including updated common areas and entry ways with higher-quality finishes. Floor plates are designed to allow flexible leasing configurations, supporting a range of tenant needs within the building.

The asset is located at 1903 Central Dr in Bedford, Texas, in the Mid-Cities submarket. The building’s positioning provides easy access to restaurants, parks, transportation, and new mixed-use developments.

With 73% occupancy and a diverse tenant industry mix, the property is structured to support ongoing leasing activity. Ownership has identified availability and lease timing (including staggered rollover and annual contractual rental rate increases) as key elements of the investment profile.

Key Highlights

  • Four‑story office building in Bedford, TX totaling 40,987 SF, constructed in 1986
  • Recently completed renovations, including updated common areas and entryways
  • 73% occupancy with multiple available suites for leasing

Property Analytics

Current Use

Feather D. Randalll, ... Physician Claymoore Engineering Inc Consultant ALD35, LLC Loan Service Matt Hendrick - Professional ... Loan Service Spine Health & Wellness Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

73%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,453
Businesses Nearby

Demographics for 76021, TX

35,265
Population
15,410
Households
2.3
Avg Household Size
42
Median Age
45%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,831
Density / Sq Mi
$84,745
Median Household Income
$48,368
Median Earnings
$1,432
Median Rent
$349,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Four-story office building with recently renovated common areas and entryways, plus multiple available suites.
Where is this office building located?
The property is located at 1903 Central Dr Bedford, TX.
What are key features of this property?
This property features: Four‑story office building in Bedford, TX totaling 40,987 SF, constructed in 1986; Recently completed renovations, including updated common areas and entryways; 73% occupancy with multiple available suites for leasing
(817) 840-0055 Call to check price and availability
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