Bandit Office Park | 768 Bandit Trl
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Bandit Office Park 768 Bandit Trl
1,947 SF Office Building Keller, TX 76248 $1,300,000 ($668/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:
INCOME PRODUCING PROPERTY WITH ADDITIONAL LAND ALLOWING FOR FUTURE EXPANSION AND DEVELOPEMENT!
IMPORTANT FACTORS:
• THE LOCATION, @ DESIRABLE CORNER OF DAVIS AND BANDIT TRAIL, THE LAND (INCREASES VALUE 1.47 ACRES)
• A VERY UNIQUE PROPERTY, VINTAGE OFFICE BUILDING, SERENE YET MODERN. THE BUILDING HAS JUST BEEN REMODELED DECEMBER OF 2022. See OM for income cap rate, the land adds value for expansion... Call for more information!
• INCOME PRODUCING; LEASED WITH A NATIONAL BRAND TENANT: 5 YEAR LEASE WITH 2% INCREASES EACH YEAR, THE TENANT HAS (2) TWO, 5-YEAR OPTIONS TO RENEW AT MARKET RATE.
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.
Note: New photos and offering memorandum coming soon once photos are completed! The photos below will be replaced...
CALL FOR INFORMATION ON GROSS INCOME, NOI, AND CAP RATE. DO NOT DISTURB TENANT!
** 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 *
INCOME PRODUCING PROPERTY WITH ADDITIONAL LAND ALLOWING FOR FUTURE EXPANSION AND DEVELOPEMENT!
IMPORTANT FACTORS:
• THE LOCATION, @ DESIRABLE CORNER OF DAVIS AND BANDIT TRAIL, THE LAND (INCREASES VALUE 1.47 ACRES)
• A VERY UNIQUE PROPERTY, VINTAGE OFFICE BUILDING, SERENE YET MODERN. THE BUILDING HAS JUST BEEN REMODELED DECEMBER OF 2022. See OM for income cap rate, the land adds value for expansion... Call for more information!
• INCOME PRODUCING; LEASED WITH A NATIONAL BRAND TENANT: 5 YEAR LEASE WITH 2% INCREASES EACH YEAR, THE TENANT HAS (2) TWO, 5-YEAR OPTIONS TO RENEW AT MARKET RATE.
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.
Note: New photos and offering memorandum coming soon once photos are completed! The photos below will be replaced...
CALL FOR INFORMATION ON GROSS INCOME, NOI, AND CAP RATE. DO NOT DISTURB TENANT!
** 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
Property Type
Office
Property Subtype
Medical
Building Size
1,947 SF
Building Class
C
Year Built/Renovated
1940/2009
Price
$1,300,000
Price Per SF
$668
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,947 SF
Building FAR
0.03
Land Acres
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
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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 | 768 Bandit Trl
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