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4927 S Collins St 8,951 SF 58% Leased Office Building Arlington, TX 76018 $2,475,000 ($276.51/SF) 5.41% Cap Rate
INVESTMENT HIGHLIGHTS
- IMMEDIATE VALUE TO BE ADDED
- PRIME LOCATION IN MEDICAL CORRIDOR
- RENT CREDIT NEGOTIABLE
- IMMEDIATE CASH FLOW FOR OWNER-USER
- SYNERGISTIC TENANT MIX
EXECUTIVE SUMMARY
Located next to Arlington Airport, this property is a prime value-add opportunity for owner-users or investors. Set within a thriving medical park, it offers the chance to benefit from the existing synergy of successful businesses and medical practices in a highly desirable location. This is an opportunity for an owner user or investor to come in and either occupy the remaining space, or get it leased for an immediate boost to the NOI.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,951 SF
Building Class
B
Year Built
2013
Price
$2,475,000
Price Per SF
$276.51
Cap Rate
5.41%
NOI
$133,898
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,951 SF
Building FAR
0.17
Lot Size
1.18 AC
Parking
22 Spaces (2.46 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 1,858 SF
- Office/Medical
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,858 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 1,858 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 41583558 | Improvements Assessment | $1,740,577 |
| Land Assessment | $308,892 | Total Assessment | $2,049,469 |
PROPERTY TAXES
Parcel Number
41583558
Land Assessment
$308,892
Improvements Assessment
$1,740,577
Total Assessment
$2,049,469
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Building Photo