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645 Harwood Rd 2,550 SF Retail Building Bedford, TX 76021 $900,000 ($352.94/SF) 8.40% Cap Rate
EXECUTIVE SUMMARY
High-Visibility Location
Situated on Harwood Drive, a major thoroughfare with excellent street frontage and signage visibility.
Established Restaurant Tenant
Currently occupied by a restaurant operator, providing stable cash flow with an 8.4% cap rate.
Free-Standing Building
Desirable stand-alone structure with dedicated parking and flexible future use potential.
Potential Value-Add or Owner/User Opportunity
Existing lease structure allows for future repositioning or conversion to single-tenant retail, QSR, medical office, or other uses.
Situated on Harwood Drive, a major thoroughfare with excellent street frontage and signage visibility.
Established Restaurant Tenant
Currently occupied by a restaurant operator, providing stable cash flow with an 8.4% cap rate.
Free-Standing Building
Desirable stand-alone structure with dedicated parking and flexible future use potential.
Potential Value-Add or Owner/User Opportunity
Existing lease structure allows for future repositioning or conversion to single-tenant retail, QSR, medical office, or other uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,550 SF
Building Class
C
Year Built
1984
Price
$900,000
Price Per SF
$352.94
Cap Rate
8.40%
NOI
$75,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.33 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Chef Yu
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Chef Yu | Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04952731 | Improvements Assessment | $236,280 |
| Land Assessment | $135,736 | Total Assessment | $372,016 |
PROPERTY TAXES
Parcel Number
04952731
Land Assessment
$135,736
Improvements Assessment
$236,280
Total Assessment
$372,016
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