Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    415 W Abram St Arlington, TX 76010

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Second-generation restaurant with drive-thru in Arlington's downtown district.

    Property size:
    2,860 SF
    Lot size:
    0.88 Acres

    Property Features for 415 W Abram St

    General Information

    Size
    2,860 SF
    Lot size
    0.88 Acres

    We can help!

    Listing Contact
    Thomas Glendenning
    Source: Moodyscre

    Listing Agent: Thomas Glendenning

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

    Learn more

    Overview

    Freestanding Restaurant with Drive Thru

    This is a freestanding second-generation restaurant with a drive-thru, located in Arlington’s downtown district. The property benefits from its proximity to the University of Texas at Arlington and a high daytime population in the immediate area. The site offers strong visibility, freestanding pole signage, and two points of ingress and egress from Abram Street. The building size is 2860 square feet. The area's curb appeal and accessibility have created a demand for strong retail and restaurant presence.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -97.1118135
    Latitude
    32.7361391

    Nearby Similar for Lease

    • $200 SF/Yr
      12,371 SF

      Salon Suites Near UT Arlington

      Flexible salon suites for beauty and wellness professionals near UT Arlington.
      925 W Mitchell St, Arlington, TX 76013
      View Details
    • $2,200 /Mo
      1,400 SF

      Updated Office Space in Arlington

      Updated commercial space ideal for professional uses in central Arlington.
      1311 W Abram St, Arlington, TX 76013
      View Details
    • $850 /Mo
      17,685 SF

      Renovated Office Suites Available

      Office suites for lease with shared amenities and utilities included.
      2204 Park Springs Blvd, Arlington, TX 76013
      View Details
    • $2,400 /Mo
      1,349 SF

      Arlington Office Space For Lease

      Well-maintained office space in east Arlington with immediate occupancy.
      1313 W Abram St, Arlington, TX 76013
      View Details
    • $4,000 /Mo
      1,600 SF

      Arlington Retail Space For Rent

      Retail space for lease featuring open layout and office area.
      710 SW Green Oaks Blvd, Arlington, TX 76017
      View Details
    • $3,000 /Mo
      1,196 SF

      Retail Space with Salon Features

      Retail space suitable for a salon with existing infrastructure.
      710 SW Green Oaks Blvd, Arlington, TX 76017
      View Details
    • $1,600 /Mo
      11,413 SF

      Arlington Office Space with Parking

      Office space with private entrance, multiple rooms, and parking.
      3808 Jason Dr, Arlington, TX 76016
      View Details
    • New
      $3,400 /Mo
      7,013 SF

      Office Flex Warehouse in Arlington

      Conveniently located office flex warehouse with easy freeway access.
      1018 W Main St W, Arlington, TX 76013
      View Details
    • $2,800 /Mo
      1,920 SF

      Arlington Office Space For Lease

      Professional office space available in September 2025 in Arlington, TX.
      1004 N Bowen Rd, Arlington, TX 76012
      View Details
    • $650 /Mo
      18,252 SF

      Arlington Commercial Leasing Opportunity

      Prime location near Downtown Arlington, UTA, and major corridors.
      801 E Abram St, Arlington, TX 76010
      View Details
    • $7,148 /Mo
      3,574 SF

      Arlington Commercial Medical Office Space

      Freestanding building with lobby, reception, exam rooms, and parking.
      1800 W Pioneer Pkwy, Arlington, TX 76001
      View Details
    • $10,600 /Mo
      43,560 SF

      Renovated Warehouse with Office Space

      Updated warehouse with office, showroom potential, and modern amenities.
      609 112Th St, Arlington, TX 76011
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Second-generation restaurant with drive-thru in Arlington's downtown district.
    Where is this drive through restaurant located?
    The property is located at 415 W Abram St Arlington, TX.
    What are key features of this property?
    This property features: - Freestanding 2nd generation restaurant with drive-thru.; - Located in Arlington’s downtown district near the University of Texas at Arlington.; - High daytime population in the immediate area.
    (214) 960-4528
    Request Owner's contact information
    415 W Abram St Arlington, TX 76010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 W Abram St
    Arlington, TX 76010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    415 W Abram St Arlington, TX 76010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Thomas Glendenning
    Real Estate License ID: CA 01704987
    (214) 960-4528
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.