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EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE OFFICE OFFERING
OFFERING SUMMARYPrice $600,000Down Payment All CashRentable SF 8,750Year Built 1981Lot Size 0.56 acre(s)Price/SF $68.57
405 AIRPORT FWYBEDFORD, TX 76021
§ Below Replacement Cost at $68.57/SF
§ Significant Signage Visible from Highway
§ Ten Minutes from DFW International Airport
INVESTMENT HIGHLIGHTS
PROPERTY INVESTMENT SUMMARY
CURRENT PRO FORMA
CAP Rate -3.64% 11.42%Net Operating Income ($21,850) $68,537Net Cash Flow After Debt Service ($21,850) $68,537Total Return -3.64% / ($21,850) 11.42% / $68,537
EXCLUSIVELY LISTED BY:
Blake BurnettFirst Vice President InvestmentsTel: (972) 755-5244License: TX [email protected]/BlakeBurnett
Ron HebertFirst Vice President InvestmentsSenior Director, National Office and Industrial Properties GroupTel: (972) 755-5245License: TX [email protected]/RonHebert
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc.© 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0060213 Property ID: 1667486)
Texas Real Estate Commission Consumer Protection Notice: https://www.trec.texas.gov/sites/default/files/pdf-forms/CN%201-2.pdfTexas Real Estate Commission Information About Brokerage Services: https://www.trec.texas.gov/sites/default/files/pdf-forms/IABS%201-0.pdf
EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE OFFICE OFFERING
101 West Elm Street, Suite 600, Conshocken, PA 19428 | Tel (215) 531-7000 Fax: (215) 531-7010
405 AIRPORT FWYBEDFORD, TX 76021
EXPENSES
CAM $22,353 $2.55 $22,353 $2.55
Real Estate Taxes $14,588 $1.67 $14,588 $1.67
Insurance $6,209 $0.71 $6,209 $0.71
Total Expenses $43,150 $4.93 $43,150 $4.93
NET OPERATING INCOME
Net Operating Income ($21,850) ($2.50) $68,537 $7.83
REVENUE
CURRENT $/SF PRO FORMA $/SF
Scheduled Base Rent $21,300 $2.43 $101,013 $11.54
Miscellaneous Income $10,675
Potential Gross Revenue $21,300 $2.43 $111,688 $12.76
Effective Gross Income $21,300 $2.43 $111,688 $12.76
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc.© 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0060213 Property ID: 1667486)
