For Sale
$140,000

Mayfield Rd Arlington, TX 75052

Prime Arlington, TX commercial land for lease. Ideal QSR or bank site.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial land parcel, located on E Mayfield Rd in Grand Prairie, Texas (Tarrant County, zip code 75052), offers a unique ground lease opportunity. The site boasts a size ranging from 0.955 to 2.58 acres, providing flexibility to accommodate various development needs. Situated at a signalized intersection, this property benefits from excellent visibility and accessibility. The location is strategically positioned near major retail anchors, including a new IKEA, future Bass Pro Shops, and future Andretti Indoor Karting, ensuring high traffic volume and strong consumer draw. Further enhancing its appeal, the area is experiencing significant residential growth, with over 2,000 new multifamily units either recently completed or currently under construction within a one-mile radius. Utilities are available on-site, and the property features convenient left-in/left-out access. The asking price for the ground lease is $160,000 per year for an initial 15-year term, with options for extension and built-in rent increases. The favorable zoning makes this an exceptional investment opportunity for quick-service restaurants (QSRs) or banking institutions. The APN is 28978880060010000. Site size can be adjusted to meet specific requirements.

Highlights

  • Signalized intersection with excellent visibility and accessibility.
  • Shadow-anchored by IKEA, future Bass Pro Shops, and future Andretti Indoor Karting, ensuring high traffic.
  • Utilities available on-site.
  • Convenient left-in/left-out access.
  • Favorable zoning for QSRs and banking institutions.

Property Details for 0 Mayfield Rd

Property type
Land
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.691688493031
Longitude
-97.018304281766

FAQs

What type of property is this?
Land - Prime Arlington, TX commercial land for lease. Ideal QSR or bank site.
Where is the land located?
The property is located at Mayfield Rd Arlington, TX.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Signalized intersection with excellent visibility and accessibility.; Shadow-anchored by IKEA, future Bass Pro Shops, and future Andretti Indoor Karting, ensuring high traffic.; Utilities available on-site.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Mayfield Rd
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