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Property profile & analytics
FOR LEASE
Strip malls

2301 Central Dr Bedford, TX 76021

12,000 SF 0.99 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-1239351
Property summary
AI-generated overview

This exceptional 12,000 square foot retail center, built in 1982, is situated on a one-acre lot in Bedford, Texas (Tarrant County, zip code 76021) at 2301 Central Dr. Currently, 1,900 square feet of retail space is available, offering a blank canvas for tenant build-out. The property boasts a prime location in a high-traffic area, benefiting from excellent visibility and accessibility. The center enjoys a strong anchor tenant in Cash America and is surrounded by other national brands including Walgreens, Panda Express, and Walmart, ensuring high foot traffic and brand synergy. The strategic location at a heavily trafficked intersection, with convenient access from Bedford Rd and Central Drive, and proximity to major highways 183 and 121, provides unparalleled convenience for customers. Furthermore, its location within a large residential community guarantees a consistent flow of potential customers. This presents a unique opportunity for businesses seeking a prominent location in a thriving community. The property is classified as multi-tenant commercial retail.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 12,000 SF
Lot 0.99 ac (43,020 SF)
APN 1985-14-1B-A
UPID US82-1239351
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
  • Cash America Pawn Discount Store (Bike/Boat/Book/etc) Store
  • Seven Day Donut Bakery Discount Store
  • Bedford Concrete Crew Construction Company General Contractor
  • Lost My Car Keys Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$627k
Blend (final) Blend
$605k
Owner & transaction history
Pawn Tx INC · 4 yrs held
Pawn Tx INC
since 2022
3 recorded transactions
2022
Price N/A
2009
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $900,000 +88.5%
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