700 Six Flags DrArlington, TX 76011

Property Details for 700 Six Flags Dr

Year built

1995

Lot size

2.69 AC

Property size (Sq ft)

13,690 SF

Property type

Retail space

APN

38675--46R2A

APU

3867546R2A

Description

This exceptional 13,690 square foot freestanding retail building presents a unique investment opportunity in Arlington, Texas. Previously occupied by a well-known brewpub, this property boasts a highly visible location at the northeast corner of Six Flags Drive and East Road to Six Flags Street, placing it within a few hundred feet of the renowned Six Flags Over Texas amusement park, as well as major thoroughfares like Highway 360 and Interstate 30. The building, constructed in 1995, offers a single, 5,790 square foot space currently available for lease. This space is ideal for a restaurant or bar concept, given its prior use and ample parking. The property sits on a substantial 2.69-acre lot, providing extensive parking with a generous ratio of 13.15 spaces per 1,000 square feet. The building's high visibility is further enhanced by its location on a well-lit hard corner intersection directly across from Six Flags Over Texas. Currently, the building owner occupies the remaining half of the building with a salon and spa. The asking rate is $18.00 per square foot, plus NNN charges. This property offers unparalleled access to a large and diverse customer base, making it an exceptional opportunity for a discerning tenant seeking a high-traffic location in a vibrant market. The Tarrant County location provides easy access to a large population base.

• CAP approach

  CAP return

  Valuation

  6%

  $3,853,739

  6.5%

  $3,557,298

  7%

  $3,303,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,414,640

  Geo Method

  $10,328,596

• Alternative Use

  Use

  Valuation

  Residential

  $3,000,714

  Hospitality

  $2,748,638

  Educational

  $2,286,834

  Medical

  $2,365,482

  Retail

  $3,557,298

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7529

Longitude

-97.0667

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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