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 Market1700
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
(866) 926-7918
Listed By:
Mark Sullivan
(817) 473-9393
Source:
Moodyscre
Added: Mar 4, 2022
Changed: Jul 6
Last Checked: Oct 28 at 11:50AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$85,295
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,900
$1.7M
Cap Rate 7%
$1,218,500
$1.2M
Cap Rate 9%
$947,722
$947.7K
Market Conditions
NOI Build-Up for 5,510 SF
Gross rent
$132.2K $24.00/SF
− Vacancy
−$18.5K −$3.36/SF
EGI
$113.7K $20.64/SF
− OpEx
−$28.4K −$5.16/SF
NOI
$85.3K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,900
Cap Rate 7%
$1,218,500
Cap Rate 9%
$947,722
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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.
