Single-Tenant Office Medical

KEDPLASMA

1401 Brown Trail, Bedford, TX 76022

Listing Price: $5,981,638

Cap Rate
6.15%
Years Remaining On Lease
13.00
Gross SF
10,342
Rentable SF
10,342
Price/Gross SF
$578.38
Rent Per Square Feet
$35.57

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KEDPLASMA located at 1401 Brown Trail in Bedford, TX. The offering consist of 10,342 square feet of building space sitting atop an estimated 0.87 acres of land. There are more than 13 years remaining on the initial base term. The current estimated net operating income for the property is $367,871. The lease calls for a rental increase of 10% every 5 years, which will commence in year 11 of the lease and will continue throughout each of the four (4), five (5)-year tenant renewal option periods.

Investment Highlights

  • Attractive 10% Rental Increase in Year 11 and in Each Option Period
  • 13+ Years Remaining on Base Term
  • Double Net (NN) Lease with Minimal Landlord Responsibilities

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Single-Tenant Office Medical

KEDPLASMA

Listing Price: $5,981,638

Cap Rate
6.15%
Years Remaining On Lease
13.00
Gross SF
10,342
Rentable SF
10,342
Price/Gross SF
$578.38
Rent Per Square Feet
$35.57

Investment Highlights

  • Attractive 10% Rental Increase in Year 11 and in Each Option Period
  • 13+ Years Remaining on Base Term
  • Double Net (NN) Lease with Minimal Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KEDPLASMA located at 1401 Brown Trail in Bedford, TX. The offering consist of 10,342 square feet of building space sitting atop an estimated 0.87 acres of land. There are more than 13 years remaining on the initial base term. The current estimated net operating income for the property is $367,871. The lease calls for a rental increase of 10% every 5 years, which will commence in year 11 of the lease and will continue throughout each of the four (4), five (5)-year tenant renewal option periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

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