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    The Largest CRE Database in the US with Over 1 Million Listings

    1001 Green Oaks Blvd Arlington, TX 76006

    Sponsored
    For Lease
    Contact for pricing

    Prime Arlington Office, Multiple Suites

    Lot size:
    53,058 SF

    Property Features for 1001 Green Oaks Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    NNN Lease
    RSF (Rentable sq. ft)
    53,058 SF
    TSF (Total sq. ft)
    1,200-5,000 SF
    USF (Usable sq. ft)
    1,200-5,000 SF

    Amenities

    Building Details

    Buildings
    1
    Stories
    1

    Overview

    Arlington Office Space Available

    Located in Arlington, Texas, this 53,058 square foot single-story building offers office space suitable for retail, office, and restaurant businesses. The property is situated at the intersection of NE Green Oaks Blvd and North Collins St in Tarrant County, positioned at the entrance to Viridian, a 2,000-acre master-planned community. Viridian includes 4,200 residential units and 500,000 square feet of mixed-use retail, commercial, and entertainment space. The property currently has 8,700 square feet vacant, divided into 16 suites. Available spaces range from 1,200 to 5,000 square feet. The minimum divisible unit is 1,200 square feet, with a maximum contiguous space of 1,300 square feet. The property is a neighborhood shopping center and is 97% leased.

    We can help!

    Listing Contact
    Michelle Thrall Meaney

    Learn more

    Property Insight Report

    HighLights

    • 53,058 square foot retail center.
    • Neighborhood shopping center.
    • 97% leased.
    • Smallest available space: 1,200 square feet.
    Location Intelligence

    Current Use by Public Records

    KP Staffing Employment Agency Western Union Bank SMOKE XPRESS (Bike/Boat/Book/etc) Store Riverside Nail Bar Nail Salon Fuze Furniture Furniture & Home Goods

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    State
    Texas
    Longitude
    -97.1235052
    Latitude
    32.6593464

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    FAQs

    What type of property is this?
    Restaurant - Prime Arlington Office, Multiple Suites
    Where is this restaurant located?
    The property is located at 1001 Green Oaks Blvd Arlington, TX.
    What are key features of this property?
    This property features:
    (972) 669-8440
    Request Owner's contact information
    1001 Green Oaks Blvd Arlington, TX 76006
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    Arlington, TX 76006
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 Green Oaks Blvd Arlington, TX 76006
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    We can help!
    Listing Contact
    Michelle Thrall Meaney
    (972) 669-8440
    Learn more
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