1131 W Arbrook Blvd Arlington, TX 76014
Large retail space with redevelopment potential near Parks Mall.
Property size:
51,637 SFLot size:
5.73 AcresProperty Features for 1131 W Arbrook Blvd
General Information
- Size
- 51,637 SF
- Lot size
- 5.73 Acres
Source:
Moodyscre
Listing Agent: Patrick Tupa
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Arlington Retail Opportunity Near Mall
This retail property, situated on a 5.7-acre lot, is zoned CC (Community Commercial), accommodating a wide range of retail uses, including potential for a hotel and convention center. The property is currently occupied by a 24-Hour Fitness with 1.5 years remaining on its lease, featuring rent increases every six months until the lease's expiration. The current rent is $12 per square foot, significantly below market rates, which range from $18 to $22 per square foot. The existing tenant provides an opportunity for a new owner to either secure a replacement tenant or pursue rezoning for alternative uses. The property is located across from the Arlington Mall and near various retailers, including Target, Macy’s, Costco, Lowe’s, Burlington, Panera Bread, Chase Bank, Portillo’s, Raising Cane’s, Whataburger, and In-N-Out Burger. The Parks Mall at Arlington is a high-traffic destination, ranking in the top 25th percentile nationally with approximately 7.9 million annual visits. The property contains 51,637 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
SafeSplash Swim School ...
Swimming Instructor
24 Hour Fitness
Gym
Stacy Fennell
Physical Therapist
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1277866
- Latitude
- 32.683516
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Large retail space with redevelopment potential near Parks Mall.
Where is this retail space located?
The property is located at 1131 W Arbrook Blvd Arlington, TX.
What is the asking price?
The asking price for this property is $624,000.
What are key features of this property?
This property features: - Significant upside potential with below-market rent at $12 PSF.; - Large 5.7-acre lot zoned CC (Community Commercial) allows diverse development.; - Strategic location across from the Arlington Mall and near major retailers.