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Retail Building with Two Tenants
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4224 Park Springs Blvd, Arlington, TX 76016

Newly constructed retail building completed in 2019, fully occupied by two destination tenants under full NNN leases.

Property Size8,097 SF
Days on Market121

Property Features for 4224 Park Springs Blvd

General Information

Standard status Active
Size 8,097 SF
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2019
Tenancy Multi
Listing Agency: Bill Jordan LLC
Listed By: Bill G Jordan · License #TX 554799
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:23PM

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 Bill Jordan LLC

Investment Insights

Based on property information with market context.

Park Springs Commons is a newly constructed retail building completed in 2019. The property contains 8,097 square feet and is 100% occupied by two destination tenants. Dr. Mandy Cotten occupies 4,926 square feet, and Capital Title occupies 3,171 square feet.

The center is located on the NW corner of Interstate 20 and Park Springs Blvd in SW Arlington, TX. Both leases are structured as full NNN, and each tenant has more than four years remaining on the primary term.

This is a stabilized, single-building retail investment with two tenant suites within a newly constructed configuration.

Key Highlights

  • 8,097 SF newly constructed retail building completed in 2019
  • Fully occupied by two destination tenants with 100% occupancy
  • Lease details: full NNN leases with both tenants having over four years left on primary term

Property Analytics

Current Use

Institute for Hormonal Balance Medical Clinic Kara Kramer, APRN, ... Physician Ppw Restaurant Capital Title of Texas ... Title Company Mandy Cotten, DNP, ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
2,845 visits/mo 0.5 miles

Demographics for 76016, TX

31,091
Population
11,609
Households
2.7
Avg Household Size
44
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,533
Density / Sq Mi
$108,701
Median Household Income
$55,446
Median Earnings
$1,854
Median Rent
$311,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed retail building completed in 2019, fully occupied by two destination tenants under full NNN leases.
Where is this nnn property located?
The property is located at 4224 Park Springs Blvd Arlington, TX.
What are key features of this property?
This property features: 8,097 SF newly constructed retail building completed in 2019; Fully occupied by two destination tenants with 100% occupancy; Lease details: full NNN leases with both tenants having over four years left on primary term
More about this property
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