755 Lamar BlvdArlington, TX 76012

For Sale
$1,645,000

High-yield NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 5,041-square-foot Chase Bank located at 755 W Lamar Blvd, Arlington, TX 76012. The property, built in 1973 and situated on a 0.47-acre lot, is a single-tenant, triple-net (NNN) leased building with a corporate guarantee. The current lease, commencing January 1, 2000, and expiring January 31, 2030, has 5.4 years remaining. The lease includes a 10% rent increase every five years, providing consistent income growth. The asking price is $1,645,000, representing a cap rate of 6.50% and a price per square foot of $326.32. The property boasts a strong net operating income (NOI) of $106,869 and enjoys excellent visibility from Interstate 30 (138,111 vehicles per day), near the intersection of North Cooper Street (15,809 VPD) and West Lamar Boulevard (21,824 VPD). Its location across from a planned 97-acre mixed-use development and minutes from AT&T Stadium further enhances its value. The lease includes one 5-year option. This is a rare opportunity to acquire a high-performing, net-leased asset with a blue-chip tenant in a prime location.

Property Details for 755 Lamar Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
5,041 SF
Year Built
1973
Lot Size (sq. ft)
20,473 SF
Units
1

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.76119448645
Longitude
-97.11589692725
755 Lamar Blvd, Arlington, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
755 Lamar Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message