2419 Highway 121 - Medical FOR SALE


Bedford, TX 76021
$2,945,000 USD
972-597-9686
2419 Highway 121, Bedford, TX for Sale
$2,945,000 USD
Medical - FOR SALE
1/18
null | 6.25% Cap Rate

2419 Highway 121
Bedford, TX 76021


HIGHLIGHTS

  • Fully leased to Greater Therapies, affiliated with Texas Health Resources, ensuring strong healthcare credit and stability.
  • Approximately five years remaining on a net lease with annual rent increases, providing predictable, long-term cash flow
  • Prime location on State Highway 121 in Bedford with excellent visibility and regional access.
  • Strategic position in the high-growth Dallas–Fort Worth Metroplex with strong healthcare demand drivers.
  • Limited supply of quality medical office space supports rent growth and high occupancy rates.
  • No State Income Tax.

OVERVIEW

Net Net Direct is pleased to present the exclusive offering of 2419 SH 121 in Bedford, Texas, a single-tenant medical office investment opportunity. The property consists of a well-maintained 6,572-square-foot building situated on a generous 2.07-acre parcel along State Highway 121, providing excellent visibility and accessibility. The asset is being offered with more than five years remaining on a net lease, delivering stable, long-term income for investors. The property is fully leased to Greater Therapy, an outpatient rehabilitation and physical therapy provider affiliated with Texas Health Resources—one of the largest faith-based, nonprofit health systems in the United States. The tenant’s use as a physical therapy and rehab center, centralized proximity to several major medical campuses, recent interior renovations with specialized buildout, and established patient base that relies on consistent, convenient care, signals a strong long-term commitment to this facility. Centrally positioned within the thriving Dallas–Fort Worth Metroplex, the property benefits from strong real estate fundamentals and a robust healthcare demand driver. Its location on SH 121 with over 100,000 vehicles per day offers prime frontage in Bedford’s high traffic corridor, surrounded by dense residential neighborhoods, major employers, and medical campuses. The area’s growing and aging population supports ongoing demand for outpatient medical services, while limited supply of quality medical office space underpins long-term rent growth and occupancy stability.

FOR SALE DETAILS

PRICE

$2,945,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Greater Therapy Centers - Bedford, TX

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

HC; Bedford

APN/PARCEL ID

07169701

ASK ABOUT THIS PROPERTY

Chris AdamsTrade PropertiesMore Info
972-597-9686

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Chris AdamsTrade PropertiesMore Info
972-597-9686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.