1300 Bowen RdArlington, TX 76013

Property Details for 1300 Bowen Rd

Year built

1968

Lot size

1.05 AC

Property size (Sq ft)

16,826 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

47665--7

APU

476657

Description

This exceptional 17,210 square foot retail and office space, located at 1300 S Bowen Rd in Arlington, Texas (zip code 76013), presents a unique investment opportunity. Recently renovated in 2023, the property offers a variety of spaces suitable for executive offices, coworking, or medical offices. The building features multiple tenancies, with a minimum divisible space of 2,050 square feet and a maximum contiguous space of 9,300 square feet. Its prime location on a Tom Thumb outparcel ensures high visibility and accessibility. The property's diverse suite sizes cater to a range of business needs, from small startups to established enterprises. The building's modern design and recent renovations provide a comfortable and efficient workspace. Current tenants include Just Love Coffee and Rehoboth Urgent Care, establishing a strong and diverse tenant mix. This property is ideal for businesses seeking a high-profile location with excellent visibility and convenient access in a thriving Arlington community. The property type is classified as retail and office, with subtypes including executive office, coworking, medical office, endcap, and inline spaces. The property's strategic location and recent renovations make it an attractive option for businesses seeking a modern and well-maintained space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,736,524

  6.5%

  $4,372,176

  7%

  $4,059,878

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,425,912

  Geo Method

  $12,694,591

• Alternative Use

  Use

  Valuation

  Residential

  $3,688,094

  Hospitality

  $3,378,274

  Educational

  $2,810,684

  Medical

  $2,907,348

  Retail

  $4,372,176

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7229

Longitude

-97.1495

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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