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Property profile & analytics
OFF-MARKET
Lifestyle centers

1833 Airport Fwy Bedford, TX 76021

46,440 SF 3.96 ac lot Built 1984
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1984
Total area 46,440 SF
Lot 3.96 ac (172,498 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Monster Wings, INC Restaurant
  • Bourbon Street Bar & Grill Bedford Bar & Pub Restaurant
  • Platinum Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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