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915-943 W Pioneer Pky
Arlington, TX 76013
Retail Property For Sale
Investment Highlights
- Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months • Ownership Controls Pad
Executive Summary
INVESTMENT HIGHLIGHTS:
• Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months
• Ownership Controls Pad Sites
• Exceptional Frontage and Accessibility via Five (5) Access Points and Cross-Access with Neighboring Center
• Essential Neighborhood Center with Service Oriented Tenants
• Great Visibility | Combined Traffic Counts on Pioneer Pkwy and Cooper St Exceeding 61,670 Vehicles Per Day
• Major Employers in the Area Include: General Motors, Texas Health Resources, UT Arlington, Six Flags, The Parks Mall
• Surrounded by Residential with an Average Income of $90,897 within 5 Miles
• Strong Commercial Corridor I Area Retailers: Ross Dress, dd’s Discounts, Fiesta Mart, La Michoacana, Kroger, CVS, Dollar Tree, McDonald's, Krispy Kreme, O’Reilly Auto Parts, AutoZone
• Demographics Demonstrate Growing Hispanic Population
• Located One Mile South of the University of Texas at Arlington; Largest University in North Texas with Over 41,500 Students
• Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months
• Ownership Controls Pad Sites
• Exceptional Frontage and Accessibility via Five (5) Access Points and Cross-Access with Neighboring Center
• Essential Neighborhood Center with Service Oriented Tenants
• Great Visibility | Combined Traffic Counts on Pioneer Pkwy and Cooper St Exceeding 61,670 Vehicles Per Day
• Major Employers in the Area Include: General Motors, Texas Health Resources, UT Arlington, Six Flags, The Parks Mall
• Surrounded by Residential with an Average Income of $90,897 within 5 Miles
• Strong Commercial Corridor I Area Retailers: Ross Dress, dd’s Discounts, Fiesta Mart, La Michoacana, Kroger, CVS, Dollar Tree, McDonald's, Krispy Kreme, O’Reilly Auto Parts, AutoZone
• Demographics Demonstrate Growing Hispanic Population
• Located One Mile South of the University of Texas at Arlington; Largest University in North Texas with Over 41,500 Students
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
40,214 SF
Building Class
C
Year Built
1974
Price
$10,957,419 CAD
Price Per SF
$272.48 CAD
Cap Rate
7.43%
NOI
$814,136 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
4.77 AC
Frontage
300’ on W Pioneer Pky
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 04632222 | Improvements Assessment | $1,569,048 CAD |
| Land Assessment | $268,532 CAD | Total Assessment | $1,837,580 CAD |
Property Taxes
Parcel Number
04632222
Land Assessment
$268,532 CAD
Improvements Assessment
$1,569,048 CAD
Total Assessment
$1,837,580 CAD
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