768 Bandit Trl - Medical FOR SALE


Keller, TX 76248
$1,300,000 USD
469-682-5334
768 Bandit Trl, Keller, TX for Sale
$1,300,000 USD
Medical - FOR SALE
1/28
null | 3.74% Cap Rate

768 Bandit Trl
Keller, TX 76248


HIGHLIGHTS

  • Located on a high-visibility corner of Davis Boulevard and Bandit Trail within an established residential and commercial area.
  • Fully leased to a national brand tenant with a five-year term and two renewal options at market rate.
  • 1.47-acre site provides room for future expansion and additional improvements.
  • Recently updated building and parking to comply with city codes and fire safety regulations.
  • Private parking with 10 dedicated surface spaces and a favorable parking ratio.
  • Situated in a growing Mid-Cities submarket near major transportation routes and amenities.

OVERVIEW

This investment opportunity offers a fully leased office property situated on a prominent corner at Davis Boulevard and Bandit Trail in Keller, Texas. The asset consists of a 1,947 SF office building on approximately 1.47 acres, with zoning suitable for office or medical use. A national brand tenant occupies the property under a five-year lease, providing two additional five-year renewal options at market rates and annual 2% rent increases, ensuring predictable revenue streams for investors. The property features updated private parking, including 10 surface spaces and a ratio of 5.7/1000, and benefits from recent renovations that meet current city code requirements. Surrounded by mature trees and established neighborhoods, the property offers strong visibility from two major thoroughfares. Additional land on site allows for future expansion or development potential, creating long-term value for buyers. With an asking price of $1.3 million and inclusion of land, structure, and lease in place, this property represents a stable income-producing investment in the thriving Dallas–Fort Worth metropolitan area.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$668 USD /SF

CAP RATE

3.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

Office

APN/PARCEL ID

41016173

ASK ABOUT THIS PROPERTY

Carol CrookRE/MAX Dfw Associates IVMore Info
469-682-5334

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Carol CrookRE/MAX Dfw Associates IVMore Info
469-682-5334

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