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645 Harwood Rd 2,550 sq ft Retail Property Bedford, TX 76021 £666,837 (£261.50/sq ft) 8.40% Net Initial Yield
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 Occupier
Property Type
Retail
Property Subtype
Restaurant
Property Size
2,550 sq ft
Costar Property Class
C
Year Built
1984
Price
£666,837
Price per sq ft
£261.50
Yield
8.40%
NOI
£56,014
Tenancy
Single
Number of Floors
1
Plot ratio
0.18
Total Plot Size
0.33 ac
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Chef Yu
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Chef Yu | Accommodation and Food Services | - | - | - |
Walk Score®
Easily Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04952731 | Improvements Assessment | £174,930 |
| Land Assessment | £100,492 | Total Assessment | £275,422 |
PROPERTY TAXES
Parcel Number
04952731
Land Assessment
£100,492
Improvements Assessment
£174,930
Total Assessment
£275,422
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