624 Six Flags DrArlington, TX 76011

Property Details for 624 Six Flags Dr

Year built

1980

Lot size

4.47 AC

Property size (Sq ft)

77,648 SF

Property type

Office buildings

APN

38675--39

APU

3867539

Description

CenterPoint I, a beautifully renovated two-story office building (75,349 total square feet) in Arlington, Texas, offers multiple executive office suites for lease. Located at 624 Six Flags Drive, this prime location provides easy access to I-30/Highway 360, Texas Live!, and Six Flags. Suites range from 1,458 to 3,785 contiguous square feet, with a total of 12,697 square feet currently vacant. Built in 1980 and extensively renovated in 2020, the building boasts updated lobbies, restrooms, and common areas. Ample parking is available both in front and behind the building. Tenants enjoy convenient access to amenities including a deli, gym, and tenant lounge located in the nearby sister building, CenterPoint III, connected by a half-mile walking trail featuring two interior ponds. This exceptional property represents a rare opportunity to secure high-quality office space in a desirable Arlington location within the Arlington/Mansfield submarket of Tarrant County. The building is situated in zip code 76011.

• CAP approach

  CAP return

  Valuation

  6%

  $14,869,344

  6.5%

  $13,725,548

  7%

  $12,745,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,936,229

  Geo Method

  $23,247,034

• Alternative Use

  Use

  Valuation

  Residential

  $17,019,680

  Hospitality

  $15,589,935

  Educational

  $12,970,643

  Medical

  $13,416,723

  Retail

  $20,176,556

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7516

Longitude

-97.0675

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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