2505 Arkansas LnArlington, TX 76010

For Sale
$18,524,671.57

Arlington, TX Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 112,988 square foot shopping center in Arlington, Texas, presents a compelling investment opportunity. Located at 2505 E Arkansas Ln, 76010, this multi-tenant property boasts 100% occupancy and a strong 7.00% cap rate, making it an attractive addition to any portfolio. The asking price is $18,524,671.57, translating to $163.91 per square foot. Built in 1985, the center sits on a sizable 13.32-acre lot and benefits from a low rent rate and significant upside potential due to its prime location. The property enjoys high visibility and traffic volume, situated near major thoroughfares including Hwy 360 (161,000 VPD), Hwy 303 (41,000 VPD), and E Arkansas Ln (16,000 VPD). Its strategic placement ensures high exposure, attracting a diverse range of customers. The center features a spacious parking lot and a desirable tenant mix, including proximity to national brands such as Kroger, McDonald's, Floor & Decor, Subway, and Diamond Shamrock. The property is offered with a potential owner financing option requiring a $10,000,000 cash down payment. This NNN-leased shopping center offers a stable income stream and significant long-term growth prospects. The property's size, location, and current performance make it an ideal investment for discerning buyers seeking a high-return retail asset in a thriving market.

Highlights

  • Price: $18,520,166 ($163.91/SF)
  • Cap Rate: 7.00%
  • Gross Leasable Area (GLA): 112,988 SF
  • Land Area: 13.32 Acres
  • Year Built: 1985

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.7063798525
Longitude
-97.06554752572
2505 Arkansas Ln, Arlington, Texas

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2505 Arkansas Ln
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