1300 Bowen RdArlington, TX 76013

  • Retail properties
  • 16,826 SF
For Lease

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
1300 Bowen Rd, Arlington, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,108
$229,175
$1,770,748
$1,999,923
-
$229,175
$1,770,748
$1,999,923

FAQs

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