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2419 Highway 121
Bedford, TX 76021
Office Property For Sale

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,572 SF
Building Class
C
Year Built
1998
Price
$4,119,270 CAD
Price Per SF
$626.79 CAD
Cap Rate
6.02%
NOI
$247,980 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,572 SF
Building FAR
0.07
Lot Size
2.07 AC
Zoning
HC; Bedford
Parking
25 Spaces (3.8 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
07169701
Land Assessment
$755,169 CAD
Improvements Assessment
$1,463,724 CAD
Total Assessment
$2,218,893 CAD
  • Listing ID: 39789341

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 2419 Highway 121, Bedford, TX 76021

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