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Shopping Strip

Harwood Oaks

3031 Harwood Rd, Bedford, TX 76021

Listing Price: Request For Offer

Gross SF
9,600
Rentable SF
9,600
Lot Size
0.87 acres
Year Built
1979

Investment Overview

Marcus & Millichap is pleased to present Harwood Oaks, a 9,600-square foot retail center in Bedford, Texas. The subject property is located at the first signalized intersection due west from SH-121 at Harwood Road and Martin Drive, situated at the hard corner in front of Meadow Creek Elementary School and across from Harwood Junior High School. Harwood Oaks is an established neighborhood retail shopping strip with six suites featuring multiple tenants who have been at this location for more than 30 years. The subject property features substantially below market rents on month-to-month terms and all tenants are on gross leases, which presents a tremendous value-add opportunity with this center.

The city of Bedford, Texas is located in the Mid-Cities area centrally located between Dallas and Fort Worth, which features the cities of Hurst, Bedford, and Euless, Texas. Bedford is located in the center of the Metroplex and approximately fourteen miles from downtown Fort Worth and twenty-two miles from downtown Dallas. Bedford is also central to Dallas-Fort Worth major airports, including only five miles west of Dallas-Fort Worth International Airport, twenty-two miles west of Dallas Love Field Airport, and twenty-two miles southeast of Alliance Airport. The City of Bedford, Texas is an established suburb to the Dallas-Fort Worth region with a solid base of medical providers, local businesses, national retailers and restaurants. Bedford is well-positioned for commercial, office and industrial development and redevelopment. (bedfordtx.gov)

Harwood Oaks offers a new Investor the opportunity to seize a strong, desirable retail strip in one of the nations fastest-growing submarkets of Dallas-Fort Worth, Texas. The subject property is well maintained and has a strong operating history, as well as a strong historical occupancy. Surrounding area retailers include Papa Johns, Sport Clips, Pizza Hut, Pep Boys, Taco Bell, Jack in the Box, KFC, McDonald's, Bank of America, Discount Tire, Subway, and many more.

Investment Highlights

  • Value-Add Retail Center | Below Market Rents | Tremendous Upside Potential
  • 9,600 Total Rentable SF | Situated on 0.88 AC | Pylon Signage
  • Signalized Hard Corner Location | Adjacent to Bedford Elementary & Middle Schools
  • Surrounded by Multiple National Credit Tenants
  • Average HH Income Exceeds $108,000 Within a Three-Mile Radius

Exclusively Listed By

Listing Price: Request For Offer

Gross SF
9,600
Rentable SF
9,600
Lot Size
0.87 acres
Year Built
1979

Investment Highlights

  • Value-Add Retail Center | Below Market Rents | Tremendous Upside Potential
  • 9,600 Total Rentable SF | Situated on 0.88 AC | Pylon Signage
  • Signalized Hard Corner Location | Adjacent to Bedford Elementary & Middle Schools
  • Surrounded by Multiple National Credit Tenants
  • Average HH Income Exceeds $108,000 Within a Three-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present Harwood Oaks, a 9,600-square foot retail center in Bedford, Texas. The subject property is located at the first signalized intersection due west from SH-121 at Harwood Road and Martin Drive, situated at the hard corner in front of Meadow Creek Elementary School and across from Harwood Junior High School. Harwood Oaks is an established neighborhood retail shopping strip with six suites featuring multiple tenants who have been at this location for more than 30 years. The subject property features substantially below market rents on month-to-month terms and all tenants are on gross leases, which presents a tremendous value-add opportunity with this center.

The city of Bedford, Texas is located in the Mid-Cities area centrally located between Dallas and Fort Worth, which features the cities of Hurst, Bedford, and Euless, Texas. Bedford is located in the center of the Metroplex and approximately fourteen miles from downtown Fort Worth and twenty-two miles from downtown Dallas. Bedford is also central to Dallas-Fort Worth major airports, including only five miles west of Dallas-Fort Worth International Airport, twenty-two miles west of Dallas Love Field Airport, and twenty-two miles southeast of Alliance Airport. The City of Bedford, Texas is an established suburb to the Dallas-Fort Worth region with a solid base of medical providers, local businesses, national retailers and restaurants. Bedford is well-positioned for commercial, office and industrial development and redevelopment. (bedfordtx.gov)

Harwood Oaks offers a new Investor the opportunity to seize a strong, desirable retail strip in one of the nations fastest-growing submarkets of Dallas-Fort Worth, Texas. The subject property is well maintained and has a strong operating history, as well as a strong historical occupancy. Surrounding area retailers include Papa Johns, Sport Clips, Pizza Hut, Pep Boys, Taco Bell, Jack in the Box, KFC, McDonald's, Bank of America, Discount Tire, Subway, and many more.

Exclusively Listed By

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