Log In/Sign Up
Your email has been sent.
2712-2720 W Division St 3,957 SF 100% Leased Retail Building Arlington, TX 76012 $1,831,037 CAD ($462.73 CAD/SF) 6.17% Cap Rate
Executive Summary
Prime investment or owner-user opportunity located at 2712–2720 W Division St in Arlington, TX. The property consists of four units totaling approximately 3,957 SF, including two tenant-occupied units and two landlord-occupied units, offering flexibility for both investors and owner-users.
The asset generates approximately $108,000 in annual gross income with a current NOI of $80,200. Two established businesses (iFix Mobile and Cowboys Mart) are currently owner-operated, while additional rental income is produced from existing tenants.
Value-add potential includes the opportunity to lease remaining space, convert existing units to higher-paying uses (liquor store, barbershop, etc.), and increase overall rental income. Additionally, there is potential for future enhancements such as EV charging stations (initial Tesla discussions approved) and possible gas pump installation (subject to city approval).
Strategically located with over 180 feet of frontage on W Division St and traffic counts exceeding 25,000 vehicles per day, the property benefits from excellent visibility and accessibility.
Offered at $1.3M, including two operating businesses, rental income, and inventory. Strong upside potential in a growing Arlington corridor.
The asset generates approximately $108,000 in annual gross income with a current NOI of $80,200. Two established businesses (iFix Mobile and Cowboys Mart) are currently owner-operated, while additional rental income is produced from existing tenants.
Value-add potential includes the opportunity to lease remaining space, convert existing units to higher-paying uses (liquor store, barbershop, etc.), and increase overall rental income. Additionally, there is potential for future enhancements such as EV charging stations (initial Tesla discussions approved) and possible gas pump installation (subject to city approval).
Strategically located with over 180 feet of frontage on W Division St and traffic counts exceeding 25,000 vehicles per day, the property benefits from excellent visibility and accessibility.
Offered at $1.3M, including two operating businesses, rental income, and inventory. Strong upside potential in a growing Arlington corridor.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,957 SF
Building Class
C
Year Built
2002
Price
$1,831,037 CAD
Price Per SF
$462.73 CAD
Cap Rate
6.17%
NOI
$112,961 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.40 AC
Zoning
C - Commercial
Frontage
184’ on W Division St
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 40013189 | Improvements Assessment | $1,224,948 CAD |
| Land Assessment | $73,097 CAD | Total Assessment | $1,298,044 CAD |
Property Taxes
Parcel Number
40013189
Land Assessment
$73,097 CAD
Improvements Assessment
$1,224,948 CAD
Total Assessment
$1,298,044 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2712-2720 W Division St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.