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Cheek Sparger Office 2324 Cheek Sparger Rd

5,777 SF 100% Leased Office Building Bedford, TX 76021 $1,500,000 ($260/SF)

Investment Highlights

  • Property sits on major thoroughfare Cheek Sparger Rd. (10,658 VPD) off State Hwy 121 that offers ease of access to DFW Airport.
  • 98,800 residents with an estimated 10% annual growth of population within a three-mile radius over the next five years
  • Excellent location in high demographic area – the average household income in a one-mile radius is over 2x the national average at $140,208
  • H-E-B and City of Bedford recently announced a new grocery development (119,000 SF) location at the NW corner of Cheek Sparger Rd and Rio Grande Blvd

Executive Summary

Building features two separate suites offering options for layout and occupancy of tenants. As well as added value in occupying one suite and leasing remaining space. The property is perfect for owner user or investment.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,777 SF
Building Class
B
Year Built
1997
Price
$1,500,000
Price Per SF
$260
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,777 SF
Building FAR
0.21
Lot Size
0.63 AC
Zoning
F1 Commercial

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,175-5,777 SF
  • Office
  • -
  • Jan 2025

Building features two separate suites offering options for layout and occupancy of tenants.

Space Size Space Use Condition Available
1st Floor 1,175-5,777 SF Office - Jan 2025

1st Floor

Size
1,175-5,777 SF
Space Use
Office
Condition
-
Available
Jan 2025

1st Floor

Size 1,175-5,777 SF
Space Use Office
Condition -
Available Jan 2025

Building features two separate suites offering options for layout and occupancy of tenants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06603688
Land Assessment
$110,240
Improvements Assessment
$1,090,083
Total Assessment
$1,200,323
  • Listing ID: 34344780

  • Date on Market: 3/5/2024

  • Last Updated:

  • Address: 2324 Cheek Sparger Rd, Bedford, TX 76021

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