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Property profile & analytics
FOR LEASE
Medical Office Space

2636 Tibbets Dr Bedford, TX 76022

13,038 SF 1.19 ac lot Built 1983
Individually Owned 10-yr Hold Free & Clear
Property ID
US83-4032822
Property summary
AI-generated overview

This exceptional 13,038 square foot medical office building, located at 2636 Tibbets Dr in Bedford, Texas (zip code 76022), presents a compelling investment opportunity. Constructed in 1986, the Class C building features a total of three suites, offering flexibility for various medical practices. Currently, 3,540 square feet of space is available for lease, representing a significant portion of the building's total area. The vacant space is designed as a second-generation medical facility, complete with a reception area, multiple offices, exam rooms, and restrooms, ready for immediate occupancy. The building's location in Tarrant County, Texas, provides convenient access to a thriving patient base. The multiple-tenancy structure allows for diverse income streams and potential for future growth. This property is an ideal acquisition for medical professionals seeking established space or investors looking for a strong return in a stable market. The building's existing infrastructure and layout offer immediate usability, minimizing upfront renovation costs. This is a rare opportunity to acquire a well-situated medical office building in a desirable Texas location.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1983
Total area 13,038 SF
Lot 1.19 ac (51,706 SF)
APN 17650-3R-C2
UPID US83-4032822
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
  • Emnet Sisay, M.D. Physician
  • Dr. Swapnil Mahendrakar Dental Office
  • Gennifer Meilyse Garmon Physician
  • Sen Sen Physician
  • Dr. Sujatha Krishnan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$530k
Owner & transaction history
Meenakshi S Prabhakar · 10 yrs held
Meenakshi S Prabhakar
since 2016
4 recorded transactions
2020
Price N/A
2016
Price N/A
2005
Price N/A
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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