801 Border StArlington, TX 76010

Property Details for 801 Border St

Year built

1972

Lot size

0.54 AC

Property size (Sq ft)

13,504 SF

Property type

Office properties

Property subtype

Office buildings

APN

45590-1-1R

APU

4559011R

Description

This exceptional two-story medical office building, located in Arlington's desirable submarket, offers ±15,000 square feet of leasable space. The building, totaling 14,156 square feet, boasts a prime location near AT&T Stadium and the University of Texas at Arlington, ensuring high visibility and convenient access. Currently, ±5,119 square feet is available for lease. Originally constructed in 1972, the property underwent extensive core and shell renovations in 2020, resulting in a modern and updated interior. The building features two stories and includes elevators for convenient access to all levels. The flexible layout is ideal for a variety of medical or office tenants, offering the opportunity to customize the space to meet specific needs. The minimum lease rate is $22.00 per square foot annually. This turnkey opportunity presents a unique chance to establish a presence in a thriving Arlington location. The building's recent renovations and strategic location make it an attractive option for businesses seeking high-quality medical or office space in a dynamic market. The shell condition allows for complete customization to suit the tenant's specific requirements. Inquire today to learn more about this exceptional property and its leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,585,973

  6.5%

  $2,387,052

  7%

  $2,216,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,728,040

  Geo Method

  $4,042,962

• Alternative Use

  Use

  Valuation

  Residential

  $2,959,944

  Hospitality

  $2,711,293

  Educational

  $2,255,764

  Medical

  $2,333,343

  Retail

  $3,508,966

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7337

Longitude

-97.0988

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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