Bandit Office Park with Land | 768 Bandit Trl
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Bandit Office Park with Land 768 Bandit Trl
1,947 SF Office Building Keller, TX 76248 $1,300,000 ($667.69/SF)
INVESTMENT HIGHLIGHTS
- Strategically located in Keller at Davis & Bandit Tr. Close proximity to Southlake Blvd., Colleyville, major thoroughfares..
- Reception- Workstation, Conference Training Room, 5 offices, Kitchen, break room, Private restroom, Technology Closet.
- Sereene Lovely Grounds, 1.468 acres. Vintage building, yet contemporary, updated private office & private parking.
- Investment property. Davis & Bandit Trail Keller, TX.
EXECUTIVE SUMMARY
FULLY LEASED, INVESTMENT PROPERTY .468 ACRES $595,000.00, CAP RATE 7.5% * PLUS LAND FOR EXPANSION 1 ACRE $705,000 * SOLD TOGETHER!! $1,300,000.00
TOTAL PROPERTY: 1.468 ACRES.
IMPORTANT FACTORS: THE LOCATION, SOUGHT AFTER, DESIRABLE CORNER OF DAVIS AND BANDIT TRAIL,
• A VERY UNIQUE VINTAGE OFFICE BUILDING, .468 ACRES, WITH NEW PARKING LOT: $595,000, ATTRACTIVE 7.5% CAP RATE! NAME BRAND TENANT.
5 YEAR LEASE WITH 2% INCREASES EACH YEAR, THE TENANT HAS (2) TWO, 5-YEAR OPTIONS TO RENEW @ MARKET RATE.
• LAND: $705,000 * TOTAL $1.3 MILLION
Property description: Unique beautiful property with plenty of parking, lovely grounds with trees! The property sits on 1.47 Acres. Zoned for General Office, or Office/ Medical Counseling. Unique office building with 1,947 RSF.
Private parking: 10 Free surface spaces are available; Ratio of 5.60* 1,000 SF
Office: Reception-Workstation with hardwoods, Conference-training room with hardwoods, 5 Offices, Kitchen, Storage, Break room, Restroom, RR closet-storage, Technology closet. The back door leads to the lovely, serene property. Roof: Recently replaced.
Private Parking lot: Recently updated for the city fire code of Keller, also newly required survey for the city of Keller.
Exterior: Building recently painted. EXCELLENT CORNER LOCATION ON DAVIS & BANDIT TRAIL! DO NOT DISTURB TENANT, CALL FOR TOUR!!
** Public Driving Directions: Use GPS, 768 Bandit trail @ Davis in Keller, TX. 76248 Close proximity to Southlake Blvd. and Colleyville. ** Metro Market, DFW, Submarket: Mid-Cities, Westlake - Grapevine *
TOTAL PROPERTY: 1.468 ACRES.
IMPORTANT FACTORS: THE LOCATION, SOUGHT AFTER, DESIRABLE CORNER OF DAVIS AND BANDIT TRAIL,
• A VERY UNIQUE VINTAGE OFFICE BUILDING, .468 ACRES, WITH NEW PARKING LOT: $595,000, ATTRACTIVE 7.5% CAP RATE! NAME BRAND TENANT.
5 YEAR LEASE WITH 2% INCREASES EACH YEAR, THE TENANT HAS (2) TWO, 5-YEAR OPTIONS TO RENEW @ MARKET RATE.
• LAND: $705,000 * TOTAL $1.3 MILLION
Property description: Unique beautiful property with plenty of parking, lovely grounds with trees! The property sits on 1.47 Acres. Zoned for General Office, or Office/ Medical Counseling. Unique office building with 1,947 RSF.
Private parking: 10 Free surface spaces are available; Ratio of 5.60* 1,000 SF
Office: Reception-Workstation with hardwoods, Conference-training room with hardwoods, 5 Offices, Kitchen, Storage, Break room, Restroom, RR closet-storage, Technology closet. The back door leads to the lovely, serene property. Roof: Recently replaced.
Private Parking lot: Recently updated for the city fire code of Keller, also newly required survey for the city of Keller.
Exterior: Building recently painted. EXCELLENT CORNER LOCATION ON DAVIS & BANDIT TRAIL! DO NOT DISTURB TENANT, CALL FOR TOUR!!
** Public Driving Directions: Use GPS, 768 Bandit trail @ Davis in Keller, TX. 76248 Close proximity to Southlake Blvd. and Colleyville. ** Metro Market, DFW, Submarket: Mid-Cities, Westlake - Grapevine *
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
1,947 SF
Building Class
B
Year Built/Renovated
1940/2022
Price
$1,300,000
Price Per SF
$667.69
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,947 SF
Building FAR
0.03
Lot Size
1.47 AC
Zoning
Office - Commercial Office: Medical Office.
Parking
10 Spaces (5.6 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fireplace
- Kitchen
- Accent Lighting
- Energy Performance Rating - A
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Recessed Lighting
- Wi-Fi
- Hardwood Floors
- Yard
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Geode Health Inc
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Geode Health Inc | - | - | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 41016173 | Improvements Assessment | $488,900 |
| Land Assessment | $244,728 | Total Assessment | $733,628 |
PROPERTY TAXES
Parcel Number
41016173
Land Assessment
$244,728
Improvements Assessment
$488,900
Total Assessment
$733,628
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Bandit Office Park with Land | 768 Bandit Trl
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