Multi-Tenant Shopping
For Sale
$1,200,000
2712-2720 W Division St, Arlington, TX 76012
Multiple tenants currently occupy the retail property, which was built in 2002.
Property Size3,957 SF
Price / SF$303.26
Days on Market10
Property Features for 2712-2720 W Division St
General Information
Standard status
Active
Size
3,957 SF
Property subtype
Retail
Occupancy
100%
Building Details
Building Size
3,957 SF
Year Built
2002
Tenancy
Multi
Listing Agency:
DHS Realty
Listed By:
Rawan Shalabi Ahmad · License #0775441
(972) 979-8413
Source:
Baerealty
Added: Sep 28
Changed: Oct 7
Last Checked: Oct 5 at 10:16PM
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 DHS Realty
Investment Insights
Based on property information with market context.
This 3,957-square-foot shopping center in Arlington is fully leased to multiple tenants. Constructed in 2002, the property is located at 2712-2720 W Division St.
Key Highlights
- Fully leased retail property with multiple tenants
- 3,957 SF of retail space
- Built in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,484
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
$1.1M
Cap Rate 7%
$778,343
$778.3K
Cap Rate 9%
$605,378
$605.4K
Market Conditions
NOI Build-Up for 3,957 SF
Gross rent
$81.7K $20.64/SF
− Vacancy
−$3.8K −$0.97/SF
EGI
$77.8K $19.67/SF
− OpEx
−$23.4K −$5.90/SF
NOI
$54.5K $13.77/SF
Area
Arlington, TX
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
Cap Rate 7%
$778,343
Cap Rate 9%
$605,378
Alternative Uses
Best Use
Retail
$778.3K
$681.1K – $908.1K
NOI $54,484 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,672 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 36%
Dining 6%
Kroger
Groceries
29,838 visits/mo
0.3 miles
QuikTrip
Shops & Services
27,824 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
10,534 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,558 visits/mo
0.3 miles
El Pollo Regio
Dining
4,667 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Multiple tenants currently occupy the retail property, which was built in 2002.
Where is this shopping center located?
The property is located at 2712-2720 W Division St 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: Fully leased retail property with multiple tenants; 3,957 SF of retail space; Built in 2002
