4220 Green Oaks BlvdArlington, TX 76016

Exceptional investment opportunity featuring a Bank of America branch in Arlington, Texas. This single-tenant, fee-simple property boasts a 6,926 square foot building on a 2.05-acre lot with 63 parking spaces. Built in 2003 and renovated in 2021, the property is zoned for Community Commercial use and features a 24-year lease with a remaining term of 2.9 years, expiring October 31, 2027. The lease includes annual 2% rent bumps, with two 5-year lease options. The current asking price is $5,430,000, representing a 5.63% cap rate and a price per square foot of $784. The property enjoys 100% occupancy since its opening in November 2003, generating a strong NOI of $305,775. Landlord responsibilities are capped at $92,946.92 annually, covering roof and structure maintenance. The tenant, Bank of America, is a credit-rated national institution with substantial deposits exceeding $331,000,000, ranking among the top performers in Tarrant County. The property's location in a high-traffic area along the I-20 corridor offers significant barriers to entry for competitors and potential for future redevelopment given the ample lot size. This presents a secure, high-performing investment with proven rent growth and minimal landlord responsibilities. The recent price reduction makes this an even more compelling opportunity.