3101 Center StArlington, TX 76014

Property Details for 3101 Center St

Year built

2010

Lot size

0.90 AC

Property size (Sq ft)

6,243 SF

Property type

Medical offices

Property subtype

Medical centers

APN

6926-17-A2R2

APU

692617A2R2

Description

This exceptional 8,500-square-foot Class B medical office building, constructed in 2010, presents a unique leasing opportunity in Arlington, Texas. Located at 3101 S Center St, 76014, this single-story building offers high visibility and convenient access to I-20 and Matlock Rd. The property boasts a 6:1,000 parking ratio, ensuring ample parking for staff and clients. Currently, a 3,035-square-foot space is available for lease, previously occupied by a family dental and orthodontic practice. This space features five exam rooms, a nurses' station, a large business office, and a reception area. The building's location is strategically advantageous, situated less than a mile from Medical City Arlington and other major medical providers, placing it within a thriving healthcare hub alongside Cook Children's Pediatric Group and other pediatric dentists. The property is zoned OC - Office Commercial and offers a blend of traditional office and coworking space potential. The entire 8,500 square feet is also available. This prime location, nestled near the intersection of South Center Street and Central Park Drive, benefits from high traffic flow and is surrounded by residential and multi-family developments. The building features accent lighting and air conditioning. Consider this opportunity to establish your practice in a high-demand area with excellent visibility and accessibility. Pad site and building purchase options are also available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,195,514

  6.5%

  $1,103,552

  7%

  $1,024,727

• Comparable approach

  Method

  Valuation

  Relative Method

  $798,886

  Geo Method

  $1,869,092

• Alternative Use

  Use

  Valuation

  Residential

  $1,368,404

  Hospitality

  $1,253,451

  Educational

  $1,042,856

  Medical

  $1,078,722

  Retail

  $1,622,221

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.6943

Longitude

-97.1078

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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