1300 Bowen RdArlington, TX 76013
- Retail properties
- 16,826 SF
Property Details for 1300 Bowen Rd
- Year built
- 1968
- Lot size
- 1.05 AC
- Property size (Sq ft)
- 16,826 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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