7416 S Cooper St, Arlington, TX
Two-suite office building, ideal for owner occupant or investor.
- Added:
- Mar 4, 2022
- Days on Market:
- 1564
- Last Refresh:
- May 20 at 9:11 pm
Property Features for 7416 S Cooper St
General Information
- Standard status
- Active
- Size
- 5,510 SF
- Lot size
- 0.74 Acres
- Property subtype
- OFFICE
Listing agent Mark Sullivan (817) 473-9393
Listing office Ritter & Associates Commercial Real Estate (817) 473-9393
Listing date Mar 4, 2022
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ritter & Associates Commercial Real Estate
HighLights
- Opportunity for owner‑occupant or investor.
- 5510 SF building divided into two 2755 SF suites.
- Built in 2008.
- One suite (2755 SF) is currently leased to a dental practice.
- Second suite (2755 SF) available for lease with 60‑day tenant notice.
- Suites have front and rear entrances and parking.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.2k | $24.00 |
| − Vacancy | −$18.5k | −$3.36 |
| EGI | $113.7k | $20.64 |
| − OpEx | −$28.4k | −$5.16 |
| NOI | $85.3k | $15.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1371
- Latitude
- 32.6239
