1131 W Arbrook Blvd Arlington, TX 76014

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.