Search
Office Building with Parking
For Sale
$1,200,000

736 N Fielder Road, Arlington, TX 76012

Central Arlington office building offers plentiful parking and security cameras, with one suite available to lease.

Property Size7,350 SF
Days on Market42

Property Features for 736 N Fielder Road

General Information

Standard status Active
Size 7,350 SF
Property subtype Office
Occupancy 80%

Taxes and HOA fees

Annual Taxes $19,238

Amenities

monument sign
security cameras

Building Details

Building Size 7,350 SF
Year Built 1981
Listing Agency: Keller Williams Lonestar DFW
Listed By: Bruce Henderson · License #0619362
Source: Nilesrealtygroup
Added: Jul 20 Changed: Aug 27 Last Checked: Aug 29 at 5:02PM

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 Keller Williams Lonestar DFW

Investment Insights

Based on property information with market context.

This centrally located office building is well suited for medical, office, and professional services. The property is currently 80 percent occupied, with one suite available to lease. Tenant amenities include a monument sign and security cameras.

The building’s convenient Arlington location is designed to support business access, and it offers plenty of parking for visitors and staff.

As currently configured, the property provides multiple occupied suites and one additional leasing opportunity within the existing office building footprint.

Key Highlights

  • Office building built in 1981 in central Arlington
  • Currently 80% occupied with one suite available to lease
  • Plentiful on‑site parking for tenants

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$95,256
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.94%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,905,120 $1.9M
Cap Rate 7%
$1,360,800 $1.4M
Cap Rate 9%
$1,058,400 $1.1M
Market Conditions
NOI Build-Up for 7,350 SF 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.
Gross rent
$176.4K $24.00/SF
− Vacancy
−$17.6K −$2.40/SF
EGI
$158.8K $21.60/SF
− OpEx
−$63.5K −$8.64/SF
NOI
$95.3K $12.96/SF
Area
Arlington, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,905,120
Cap Rate 7%
$1,360,800
Cap Rate 9%
$1,058,400

Alternative Uses

Best Use
Office B
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,778 @ 7.0% cap · market cap 9.48%
Second Best
Healthcare Medical
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,256 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M (±1% cap)
NOI $151,704 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Bakery Parking Lot & Garage Daycare Center Cafe & Coffee Shop Travel Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

80%
Occupancy

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby

Demographics for 76012, TX

27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Central Arlington office building offers plentiful parking and security cameras, with one suite available to lease.
Where is this office building located?
The property is located at 736 N Fielder Road Arlington, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Office building built in 1981 in central Arlington; Currently 80% occupied with one suite available to lease; Plentiful on‑site parking for tenants
More about this property
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