2017 Lamar BlvdArlington, TX 76006

Property Details for 2017 Lamar Blvd

Year built

1985

Lot size

0.07 AC

Property size (Sq ft)

6,032 SF

Property type

Office properties

APN

3770-10R-3R4

APU

377010R3R4

Description

Governors Row offers exceptional medical office space for lease in Arlington, Texas. This Class B property, built in 1985, is situated on a spacious 4.8-acre lot and features attractive Georgian-style architecture within a lush, landscaped setting. The 5,488 square foot building comprises multiple tenancies, offering flexibility for various medical practices. Currently, 2,725 contiguous square feet are immediately available, created by combining two suites (Suite 200A, 1,349 square feet, and Suite 200B, 1,376 square feet). The minimum divisible space is 1,362 square feet, allowing for options to suit different practice sizes. Ample parking is provided for tenants and their clients. The property benefits from its convenient location at 2017 E Lamar Blvd, Arlington, TX 76006, surrounded by a vibrant mix of retail, dining, and hospitality options, ensuring convenience for both staff and patients. This second-generation space presents a fantastic opportunity for medical professionals seeking a well-established and attractive location to establish or expand their practice. The property consists of a single building within a ten-building complex. This listing presents a unique chance to secure high-quality medical office space in a desirable Arlington location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,155,109

  6.5%

  $1,066,254

  7%

  $990,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $771,885

  Geo Method

  $1,805,920

• Alternative Use

  Use

  Valuation

  Residential

  $1,322,155

  Hospitality

  $1,211,087

  Educational

  $1,007,610

  Medical

  $1,042,263

  Retail

  $1,567,394

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.764

Longitude

-97.077

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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