Log In/Sign Up
Your email has been sent.
Turnkey Boutique MOB | User or Investor 2628 Matlock Rd 8,268 SF Vacant Office Building Online Auction Sale Arlington, TX 76015
Investment Highlights
- 2628 Matlock Road offers a turnkey boutique medical office spanning 8,268 square feet within an established medical hub of Arlington, Texas.
- Just down the road from Medical City Arlington, a 493-bed acute care hospital offering valuable opportunities for referral and partnership.
- Competitive office submarket with availability well-below the greater market average and year-over-year rent growth of 1.6%.
- Flexible layout with bright exam/care bays, lab and administrative space, a spacious waiting and reception area, and convenient storage space.
- Easily accessible location within a short drive of Highway 303 and Interstate 20, with ample on-site parking for staff and patients.
- Robust 3-mile demographics, including over 144,000 residents with an average income of more than $76,000 and annual spending exceeding $1.3 billion.
Executive Summary
2628 Matlock Road presents a strategically located medical office asset in move-in-ready condition within a major medical hub of Arlington, Texas. Delivered vacant, the property offers immediate opportunity for both users and investors seeking a foothold in this competitive submarket.
The boutique, two-story facility offers 8,268 square feet and was previously used as a dental office. On the first floor, the dental care area features nine bays positioned along the exterior walls, accessible via a wide hallway that circles the building's central area, containing lab and administrative spaces. Two stairwells connect to the second floor, which includes a spacious waiting area, a reception desk, and room for additional dental chairs. There is also an administrative area on this level with a spiral staircase leading to a small third-floor space, ideal for storage and providing access to the attic.
2628 Matlock Road is ideally situated in the established Matlock Road medical corridor, just minutes from Medical City Arlington, a 493-bed acute care hospital offering valuable opportunities for referrals and partnerships. The property is conveniently accessible from Highway 303 and Interstate 20 and provides ample on-site parking for staff and visitors. The surrounding area includes a mix of professional offices, medical facilities, retail centers, and service businesses. Nearby residential neighborhoods, both single-family and multifamily, help drive demand for office and medical-related uses in the area.
Arlington provides strong support for the local medical industry with appealing demographics within just 3 miles of 2628 Matlock Road. The growing population in the area exceeds 144,000, with a daytime workforce of more than 69,600 and an average household income of more than $76,000. Locals contribute to more than $1.3 billion in annual consumer spending, including over $58 million on healthcare spending, creating a valuable pool of potential patients for medical businesses.
The Arlington/Mansfield Office Submarket also provides an appealing backdrop for value-add investors, with strong leasing fundamentals and a favorable business climate. The availability rate for the submarket sits at just 13.1%, well below the greater market average of 19.1%, and this competitive atmosphere has driven year-over-year rent growth of 1.6%.
Visit the Data Room and contact the leasing team today to discover all the advantages of choosing 2628 Matlock Road.
Property tours are by appointment only. Please contact Delario Bolton at (214)531-0402 to schedule.
The boutique, two-story facility offers 8,268 square feet and was previously used as a dental office. On the first floor, the dental care area features nine bays positioned along the exterior walls, accessible via a wide hallway that circles the building's central area, containing lab and administrative spaces. Two stairwells connect to the second floor, which includes a spacious waiting area, a reception desk, and room for additional dental chairs. There is also an administrative area on this level with a spiral staircase leading to a small third-floor space, ideal for storage and providing access to the attic.
2628 Matlock Road is ideally situated in the established Matlock Road medical corridor, just minutes from Medical City Arlington, a 493-bed acute care hospital offering valuable opportunities for referrals and partnerships. The property is conveniently accessible from Highway 303 and Interstate 20 and provides ample on-site parking for staff and visitors. The surrounding area includes a mix of professional offices, medical facilities, retail centers, and service businesses. Nearby residential neighborhoods, both single-family and multifamily, help drive demand for office and medical-related uses in the area.
Arlington provides strong support for the local medical industry with appealing demographics within just 3 miles of 2628 Matlock Road. The growing population in the area exceeds 144,000, with a daytime workforce of more than 69,600 and an average household income of more than $76,000. Locals contribute to more than $1.3 billion in annual consumer spending, including over $58 million on healthcare spending, creating a valuable pool of potential patients for medical businesses.
The Arlington/Mansfield Office Submarket also provides an appealing backdrop for value-add investors, with strong leasing fundamentals and a favorable business climate. The availability rate for the submarket sits at just 13.1%, well below the greater market average of 19.1%, and this competitive atmosphere has driven year-over-year rent growth of 1.6%.
Visit the Data Room and contact the leasing team today to discover all the advantages of choosing 2628 Matlock Road.
Property tours are by appointment only. Please contact Delario Bolton at (214)531-0402 to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
8,268 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,756 SF
Slab To Slab
11’
Building FAR
0.20
Lot Size
0.95 AC
Parcel Number
07913559
Zoning
OC - Medical Building Office
Parking
34 Spaces (4.11 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fireplace
- Signage
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Secure Storage
- Shower Facilities
- Hardwood Floors
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
20,360
144,469
349,852
2020 Population
18,939
139,123
338,860
2030 Population
21,532
151,727
366,960
2025-2030 Projected Population Growth
5.8%
5.0%
4.9%
Daytime Employees
10,171
69,606
140,728
Total Businesses
1,927
8,508
16,027
Average Household Income
$76,495
$76,393
$89,960
Median Household Income
$59,088
$60,064
$70,213
Total Consumer Spending
$191M
$1.4B
$3.7B
Median Age
33.9
33.3
35.1
2025 Households
7,512
50,970
125,405
Percent College Degree or Above
14%
15%
18%
Average Home Value
$245,625
$299,385
$323,064
$ values in USD
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
1 of 67
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
Presented by
Company Not Provided
Turnkey Boutique MOB | User or Investor | 2628 Matlock Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
Turnkey Boutique MOB | User or Investor | 2628 Matlock Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.