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125 Bear Creek Pky 10,066 SF Office Building Keller, TX 76248 $2,550,000 ($253.33/SF) 7.50% Cap Rate



Investment Highlights
- Established National Tenant
- Functional Office Configuration
- Single-Tenant Net Lease Structure
Executive Summary
123 Bear Creek Parkway presents a compelling opportunity to acquire a fully occupied, single-tenant net leased investment in the affluent Dallas-Fort Worth suburb of Keller, Texas. Anchored by Turn 14 Distribution, a nationally recognized powersports distributor, the property delivers dependable cash flow and long term ownership appeal supported by a recently extended lease, scheduled rent escalations, and functional capital improvements — while the tenant’s current below-market rent position provides investors with meaningful upside potential through future lease adjustments.
The property benefits from strategic positioning near major transportation corridors throughout North Texas, offering convenient regional connectivity and access to one of the nation’s fastest-growing distribution markets. Surrounded by established commercial development, retail amenities, and dense residential growth, 123 Bear Creek Parkway offers investors a compelling combination of stable tenancy, strong market fundamentals, and continued future appreciation potential within the expanding Dallas-Fort Worth corridor.
The property benefits from strategic positioning near major transportation corridors throughout North Texas, offering convenient regional connectivity and access to one of the nation’s fastest-growing distribution markets. Surrounded by established commercial development, retail amenities, and dense residential growth, 123 Bear Creek Parkway offers investors a compelling combination of stable tenancy, strong market fundamentals, and continued future appreciation potential within the expanding Dallas-Fort Worth corridor.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,066 SF
Building Class
B
Year Built
1996
Price
$2,550,000
Price Per SF
$253.33
Cap Rate
7.50%
NOI
$191,250
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,033 SF
Building FAR
0.22
Lot Size
1.03 AC
Zoning
AE, Keller
Parking
60 Spaces (6.46 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 41040201 | Improvements Assessment | $1,500,880 |
| Land Assessment | $217,800 | Total Assessment | $1,718,680 |
Property Taxes
Parcel Number
41040201
Land Assessment
$217,800
Improvements Assessment
$1,500,880
Total Assessment
$1,718,680
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125 Bear Creek Pky
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