2125 Martin Dr, Bedford, TX 76021

$699,000

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List Price
$699,000
MLS#
21358147
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2007
Construction Status
Preowned
Acres
0.31
County
Tarrant
City
Bedford
Subdivision
Sunnycrest Office Park

Property Description

Available for investor or owner-occupant. Long time law office, now a medical office. Can be one suite or two. Current floorplan is 3 bathrooms (2 are handicap accessible) and 14 rooms. Previously 16 rooms (2 conference, kitchen, file, reception and 11 offices). 2 HVAC units. 2 entrances. Recently remodeled with new LED lights, bright neutral walls, white cabinets and luxury vinyl plank in common areas, with offices carpeted. 13 parking spaces plus one handicap spot with ramp. Investors or 1031 Exchanges will benefit from long term tenant with 3 years left of lease at $5000 monthly, averaging 6.5% CAP rate. Owner occupants may excercise early lease termination option for $15,000. Seller will consider interim owner financing for 1031 Exchange that needs a quick close with at least 50% down. Survey, seller disclosures and floor plan in documents.

Additional Information

Unexempt Taxes
$11,010
Tenant Pays
Electricity, Insurance, JanitorialService, PestControl, Security
Lot Size
13,503
Lot Description
Other
Flooring
Tile, Vinyl
Foundation
Slab
Roof
Composition, Shingle
Building Stories
1
Parking Garage
Additional Parking, Parking Lot, Shared Driveway
Proposed Use
Medical/Dental, Office
Inclusions
Building Only, Land & Improvements
Possession
CloseOfEscrow
Community Features
Community Mailbox, Curbs

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Joan Durkin from All City. Contact: 817-368-2291

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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