Log In/Sign Up
Your email has been sent.
Texas Appliance 1500 E Interstate 20 40,880 SF Retail Building Arlington, TX 76018 $11,660,341 CAD ($285.23 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Corporate Headquarters
- Attractive Rent Increases
- Near Major Traffic Drivers
- Long-Term Absolute Net Lease
- High Store Sales
- Located Near the Arlington Entertainment District
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in a single-tenant retail building located in Arlington, Texas (the "Property"). The Property consists of 3.62 acres and a one-story, 40,880-square-foot retail building that was built in 2002. The Tenant, Texas Appliance Supply, Inc., has twelve years of lease term remaining with 3% annual rental increases. Additionally, the lease provides for four, five-year option periods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,880 SF
Building Class
C
Year Built
2002
Price
$11,660,341 CAD
Price Per SF
$285.23 CAD
Cap Rate
6.25%
NOI
$728,771 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
3.12 AC
Zoning
Commercial
Parking
59 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
256’ on I-20 E
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41187016 | Improvements Assessment | $3,080,768 CAD |
| Land Assessment | $1,295,263 CAD | Total Assessment | $4,372,114 CAD |
Property Taxes
Parcel Number
41187016
Land Assessment
$1,295,263 CAD
Improvements Assessment
$3,080,768 CAD
Total Assessment
$4,372,114 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Texas Appliance | 1500 E Interstate 20
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.