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Property profile & analytics
OFF-MARKET Estimated value $1,280,000
Strip malls

1701 Airport Fwy Bedford, TX 76021-5731

40,380 SF 3.97 ac lot Built 1984
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-4846778
Property summary
AI-generated overview

Central Square offers exceptional retail opportunities in a prime location. This multi-tenant property boasts a total of 46,440 square feet, with 5,720 square feet currently vacant. Spaces range from a minimum of 1,800 square feet to a maximum contiguous space of 1,960 square feet, providing flexibility for various retail concepts. Two spaces are immediately available, each offering significant potential. The property benefits from high visibility due to its location on Highway 121, experiencing over 200,000 vehicles per day, and proximity to Highway 183. This strategic location places the property just 11 minutes from Dallas Fort Worth International Airport, ensuring convenient access for both local and regional customers. Under new ownership and management, Central Square is undergoing exciting updates and improvements. Attractive incentives are available for new tenants, including free rent and a tenant improvement allowance (TIA), making this an exceptional opportunity to establish or expand your retail business in a thriving market. The property is ideally suited for businesses seeking high traffic counts and convenient access to a major transportation hub.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 40,380 SF
Lot 3.97 ac (172,759 SF)
APN 30903-1-1A
UPID US82-4846778
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M
Owner & transaction history
Hudson Real Estate Investors LLC · 5 yrs held
Hudson Real Estate Investors LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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