4104 Bowen RdArlington, TX 76016

For Sale
$2,220,000

Brand new medical office building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a brand-new, Class "A" medical office building, constructed in 2023, located at 4104 S Bowen Rd, Arlington, TX 76016. The property boasts 4,500 square feet situated on a 0.66-acre lot and is currently occupied by iKids Pediatric Dentistry and Orthodontics under a Net-Net (NN) lease with 11.5 years remaining. The asking price is $2,220,000, representing a compelling price per square foot of $493.33 and a strong 6.49% capitalization rate. The building generates a substantial net operating income (NOI) of $144,000 annually. This property benefits from a superior building façade and enjoys a prime location off Bowen Road, a thoroughfare with over 32,000 vehicles per day. The tenant benefits from convenient access to I-20 Ronald Reagan Memorial Hwy. Furthermore, the surrounding area demonstrates strong demographics, with a household income within a one-mile radius exceeding $115,734 – significantly above the national average. The landlord responsibilities are limited to taxes, insurance, and common area maintenance (CAM), making this a low-maintenance investment. This is a rare opportunity to acquire a high-performing, newly constructed medical office building in a thriving Texas market.

Highlights

  • Brand new Class A medical office building constructed in 2023.
  • Long-term Net-Net lease with 11.5 years remaining.
  • High household income exceeding $115,734 within a one-mile radius.
  • High-traffic location on Bowen Road (32,000+ VPD) with convenient I-20 access.
  • Limited landlord responsibilities (taxes, insurance, CAM).
  • Superior building façade.

Property Details for 4104 Bowen Rd

Property type
Other office properties, Medical offices
Square Feet
4,500 SF
Year Built
2023
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.6792233
Longitude
-97.150888
4104 Bowen Rd, Arlington, Texas

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4104 Bowen Rd
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