Turn 14 Single Tenant Investment
Office | 7.50% CAP | 10,066 SqFt
Marketing description
123 Bear Creek Parkway presents a compelling opportunity to acquire a fully occupied, single-tenant net leased investment in the affluent Dallas-Fort Worth suburb of Keller, Texas. Anchored by Turn 14 Distribution, a nationally recognized powersports distributor, the property delivers dependable cash flow and long-term ownership appeal supported by a recently extended lease, scheduled rent escalations, and functional capital improvements - while the tenant's current below-market rent position provides investors with meaningful upside potential through future lease adjustments.
The property benefits from strategic positioning near major transportation corridors throughout North Texas, offering convenient regional connectivity and access to one of the nation's fastest-growing distribution markets. Surrounded by established commercial development, retail amenities, and dense residential growth, 123 Bear Creek Parkway offers investors a compelling combination of stable tenancy, strong market fundamentals, and continued future appreciation potential within the expanding Dallas-Fort Worth corridor.
Investment highlights
- Turn 14 Distribution, a nationally recognized powersports distribution company, fully occupies the property, providing stable occupancy and dependable operational tenancy within a growing distribution platform.
- The property is secured by a long-term net lease commitment through January 2029, providing investors with a stable, low-management income stream underpinned by scheduled rent escalations, a recently executed lease extension, and a below-market rent position that creates compelling upside potential through future lease adjustments.
- The approximately 10,066-square-foot office facility features a versatile layout including private offices, conference rooms, collaborative workspace, a office area, and secured parking - complemented by five brand-new HVAC units, ensuring operational efficiency and minimizing near-term capital expenditure risk.
- Located in Keller, Texas within the high-growth Dallas-Fort Worth Metroplex, the property benefits from strong regional connectivity and access to major transportation corridors throughout North Texas.
- Surrounded by expanding residential communities, established retail centers, and major commercial development, the property benefits from strong local demographics and continued economic growth throughout the Keller submarket.
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