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    500 E Border St Arlington, TX 76010

    For Sale
    $20,330,000

    Office building with upside potential near Arlington Entertainment District.

    Property size:
    273,419 SF
    Lot size:
    10.89 Acres

    Property Features for 500 E Border St

    General Information

    Size
    273,419 SF
    Lot size
    10.89 Acres

    Source: STRIVE Agent Parker Tims

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arlington Office Building For Sale

    This office building offers an attractive capitalization rate of 8.22%. The price per square foot is $74.35, which is below replacement cost. There is potential for increased revenue due to the current occupancy rate of 65.8%. The current average rental rate is $18.77 per square foot. JP Morgan Chase has been a tenant since 2006, serving as an anchor tenant. The property is conveniently located near the Arlington Entertainment District, including AT&T Stadium, Texas Live, Six Flags, and Globe Life. The building features Class-A interior finishes and a new grab-and-go eatery in the lobby. Three new long-term leases are in place, with an average remaining term of 8 years, accounting for nearly 17% of the occupancy. There is an opportunity to convert gross leases to a triple net lease structure, reducing landlord responsibilities. An on-site premium workout gym is available for tenants. The property encompasses 273419 square feet and is located at 500 E Border St, Arlington, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Franchise Opportunities Services Business Broker Arlington Garage Door ... Door Supplier Ace Hardware Spring ... Spring Supplier Image 212 Sign ... Sign Shop G & R Gutter ... Gutter Cleaning Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1014536
    Latitude
    32.7326534

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    FAQs

    What type of property is this?
    Office building - Office building with upside potential near Arlington Entertainment District.
    Where is this office building located?
    The property is located at 500 E Border St Arlington, TX.
    What is the asking price?
    The asking price for this property is $20,330,000.
    What are key features of this property?
    This property features: - Attractive go-in cap rate at 8.22%; - JP Morgan Chase has occupied property since 2006 acting as a significant anchor tenant; - Significant room for upside with occupancy at 65.8%
    (469) 844-8880
    Request Owner's contact information
    500 E Border St Arlington, TX 76010
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    Arlington, TX 76010
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    Realmo Value Estimation

    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.

    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.

    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
    500 E Border St Arlington, TX 76010
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