2508 Little RdArlington, TX 76016

Property Details for 2508 Little Rd

Year built

1984

Lot size

0.49 AC

Property type

Office properties

APN

16360C---09

APU

16360C09

Description

This exceptional 750-square-foot executive office space in South Arlington is perfect for a single tenant seeking a move-in ready location. Available for lease starting August 1st, 2024, this property offers a traditional office layout ideal for various business needs. The current lease term is flexible, ranging from two to three years, at a monthly rate of $900. A security deposit equal to the monthly rent is required. A unique feature of this property is the availability of an adjacent, equally sized office unit. Should the tenant require more space, this connecting unit can be leased, expanding the total usable area to 1500 square feet for a combined monthly rent of $1800. The property is categorized as both an executive office and a traditional office, offering a versatile and adaptable workspace. This prime South Arlington location provides easy access to various amenities and transportation routes, making it an attractive option for businesses seeking a convenient and functional office space. The property is a single-tenant space, ensuring privacy and control over the environment. Interested parties should inquire promptly to secure this desirable office space.

• CAP approach

  CAP return

  Valuation

  6%

  $4,678,730

  6.5%

  $4,318,820

  7%

  $4,010,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,758,670

  Geo Method

  $6,454,250

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,623,310

  Retail / Commercial

  $4,398,390

  Mixed-Use / Specialty

  $4,364,120

  Hospitality / Lodging

  $3,177,610

  Institutional / Educational

  $4,530,280

  Residential Income

  $5,300,430

  Multifamily

  $6,460,130

  Automotive / Energy

  $3,883,100

  Parking / Income-Based Land

  $1,358,380

  Restaurant / Food Service

  $2,230,130

  Healthcare / Senior Housing

  $4,494,390

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7033

Longitude

-97.1796

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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