6320 287 Frontage RdArlington, TX 76001

For Sale
$5,910,000

Arlington, TX Shopping Center - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 23,470-square-foot shopping center in Arlington, Texas presents a compelling investment opportunity. Built in 2002 and renovated in 2006, the single-story property boasts a desirable 7.17% cap rate and is offered at $5,910,000. Strategically located at 6320 U.S. 287 Frontage Rd, 76001, in Tarrant County, this center benefits from a highly visible position at the signalized intersection of W Sublett Road and Highway 287, providing convenient access for customers. Multiple access points from both W Sublett Road and the Highway 287 frontage road ensure easy ingress and egress. The property features ample parking (306 spaces), a significant advantage for attracting tenants with high parking demands, potentially leading to increased rental income. Its brick construction and attractive tenant signage, including a pylon sign at the entrance, enhance its curb appeal. The surrounding area is characterized by a high concentration of upscale apartments and dense residential neighborhoods, guaranteeing a robust customer base. The center's proximity to both Fort Worth (approximately 10 miles southeast) and Dallas (approximately 30 miles southwest) further enhances its appeal and accessibility. This well-maintained shopping center offers a rare combination of location, amenities, and strong potential for return on investment.

Highlights

  • $5,910,000 asking price for this 23,470 square foot shopping center.
  • 7.17% cap rate.
  • Located in Arlington, TX, at 6320 U.S. 287 Frontage Rd, offering convenient access to Highway 287 between Fort Worth and Dallas.
  • Features 306 parking spaces and a high parking ratio.
  • Built in 2002 and renovated in 2006, this single-story brick building boasts excellent tenant signage.

Property Details for 6320 287 Frontage Rd

Property type
Lifestyle centers, Power centers
Square Feet
23,470 SF
Year Built/Renovated
2002/2006
Stories
1

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.644442585289
Longitude
-97.185634450152
6320 287 Frontage Rd, Arlington, Texas

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6320 287 Frontage Rd
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