1001 Sanford StArlington, TX 76012

For Sale
Call for price

Prime Arlington retail investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This 4,000 square foot retail center in North Arlington, Texas, presents a compelling value-add opportunity. Located at 1001 W Sanford St, 76012, this Class C property boasts 100% occupancy with two tenants in a multi-tenant arrangement under a NNN lease structure. Built in 1974, the property is zoned per City of Arlington regulations (details available upon request). Currently operating as a convenience store and grocery store within a shopping center, this property offers significant income growth potential due to below-market rents. The property benefits from its strategic location in North Arlington, near major attractions like Globe Life Field and AT&T Stadium, ensuring high visibility and convenient access for both tenants and customers. Rent bumps are permitted, providing further upside for investors. Financial details, including tax information and tenant specifics (excluding credit ratings), are available upon request. This is an exceptional opportunity to acquire a stable, income-producing asset with considerable upside potential in a thriving Texas market. The property's strong tenant base and desirable location make it an attractive investment for those seeking long-term growth and cash flow enhancement.

Highlights

  • Significant rental income growth potential due to below-market rents.
  • Stable income stream from two existing tenants.
  • Prime North Arlington location in a thriving retail market, offering strong long-term growth prospects.

Property Details for 1001 Sanford St

Property type
Lifestyle centers, Power centers
Square Feet
4,000 SF
Class
C
Year Built
1974
Units
2

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.742893557804
Longitude
-97.120438815927
1001 Sanford St, Arlington, Texas

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1001 Sanford St
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