Arlington Office Building For
For Sale
Contact for pricing
7416 S Cooper St, Arlington, TX
Two-suite office building, ideal for owner occupant or investor.
Property Size5,510 SF
Lot Size0.74 Acres
Price / SF$249.55
Days on Market1609
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 Agency:
Ritter & Associates Commercial Real Estate
(817) 473-9393
Listed By:
Mark Sullivan
(817) 473-9393
Source:
Moodyscre
Added: Mar 4, 2022
Changed: Jul 6
Last Checked: Jul 21 at 4:59AM
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
Investment Insights
Based on property information with market context.
This property, constructed in 2008, offers approximately 5510 square feet divided into two suites, each with front and rear entrances and parking. Each suite contains 2755 square feet. One suite is currently leased to a dental practice, with the current lease expiring on June 30, 2022, and includes one option to renew for a 5-year term. The other suite is available for lease and is currently occupied as a sleep center; however, the tenant can vacate with a 60-day notice. The property is suitable for medical or general office use, presenting an opportunity for either an owner-occupant or an investor.
Key Highlights
- Opportunity for owner‑occupant or investor.
- 5510 SF building divided into two 2755 SF suites.
- Built in 2008.
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 |
5,510 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,295 @ 7.0% cap · market cap 6.20%
Second Best
Healthcare Medical
$1.02M
$892.6K – $1.19M
NOI $71,410 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.62M
$1.42M – $1.90M
NOI $113,726 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,878
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-suite office building, ideal for owner occupant or investor.
Where is this medical office space located?
The property is located at 7416 S Cooper St Arlington, TX.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Opportunity for owner‑occupant or investor.; 5510 SF building divided into two 2755 SF suites.; Built in 2008.