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Greater Therapy Centers 2419 Highway 121 6,572 SF Office Building Bedford, TX 76021 $3,000,000 ($456.48/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased to Greater Therapies, affiliated with Texas Health Resources, ensuring strong healthcare credit and stability.
- More than five years remaining on a net lease with annual rent increases, providing predictable, long-term cash flow.
- Strategic position in the high-growth Dallas–Fort Worth Metroplex with strong healthcare demand drivers.
- 6,572-square-foot medical office building on 2.07 acres with specialized outpatient rehab build-out.
- Prime location on State Highway 121 in Bedford with excellent visibility and regional access.
- Limited supply of quality medical office space supports rent growth and high occupancy rates.
EXECUTIVE SUMMARY
Northmarq is pleased to present the exclusive offering of 2419 SH 121 in Bedford, Texas, a single tenant medical office investment opportunity. The property consists of a well-maintained 6,572-squarefoot building situated on a generous 2.07-acre parcel along State Highway 121, providing excellent visibility and accessibility. The asset is being offered with more than five years remaining on a net lease, delivering stable, long-term income for investors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,572 SF
Building Class
C
Year Built
1998
Price
$3,000,000
Price Per SF
$456.48
Cap Rate
6%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,572 SF
Building FAR
0.07
Lot Size
2.07 AC
Zoning
HC; Bedford
Parking
25 Spaces (3.8 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 07169701 | Improvements Assessment | $1,069,403 |
| Land Assessment | $551,730 | Total Assessment | $1,621,133 |
PROPERTY TAXES
Parcel Number
07169701
Land Assessment
$551,730
Improvements Assessment
$1,069,403
Total Assessment
$1,621,133
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Greater Therapy Centers | 2419 Highway 121
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