2301 Lamar BlvdArlington, TX 76006

Property Details for 2301 Lamar Blvd

Year built

1982

Lot size

6.00 AC

Property size (Sq ft)

108,862 SF

Property type

Office properties

Property subtype

Office buildings

APN

3770-6-1

APU

377061

Description

Brookhollow One, a Class A, six-story office building in Arlington, Texas, offers 98,750 square feet of versatile space. Currently, 50,000 square feet is available, divisible into units as small as 1,000 square feet and up to a contiguous 30,000 square feet. Built in 1983 and renovated in 2010, this property boasts an 11-foot ceiling height and ample parking with 500 spaces. The building is located at 2301 E Lamar Blvd, Arlington, TX 76006, in the heart of Arlington, offering convenient access to Globe Life Stadium and AT&T Stadium, along with numerous restaurants and hotels within walking distance. On-site amenities include banking services, showers and lockers, a restaurant, covered parking, on-site security, a boardroom, and a mother's room. Common area corridors and restrooms were upgraded in 2017. The building accommodates various office needs, including traditional, coworking, medical, executive, and creative office spaces. Tenancy is multiple, with a total of 10 suites within the building. This property presents a unique opportunity for businesses seeking high-quality office space in a prime Arlington location. The building is institutionally owned.

• CAP approach

  CAP return

  Valuation

  6%

  $20,846,724

  6.5%

  $19,243,130

  7%

  $17,868,622

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,930,529

  Geo Method

  $32,592,194

• Alternative Use

  Use

  Valuation

  Residential

  $23,861,482

  Hospitality

  $21,856,988

  Educational

  $18,184,758

  Medical

  $18,810,160

  Retail

  $28,287,402

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7625

Longitude

-97.0688

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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