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Multi-Unit NNN Retail Center
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138 S Bowen Rd, Arlington, TX 76012

Eight-unit NNN property in LI zoning with strong traffic visibility and surface parking.

Property SizeContact for details
Days on Market122

Property Features for 138 S Bowen Rd

General Information

Standard status Active
Property subtype Retail
Zoning LI
Listing Agency: MoonCast Commercial
Listed By: Gloria Castilleja · License #0609664
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 4:01AM

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 MoonCast Commercial

Investment Insights

Based on property information with market context.

The Stephens Center is an eight-unit property operated under NNN leases, with 100% Gross Operating Income (GOI) reported from day one and minimal landlord responsibilities. The asset is described as a well-located, value-add oriented property for investors or owner-users seeking a multi-tenant structure.

The property is zoned LI, offering flexible tenant use. Public remarks also highlight high visibility and strong traffic counts, along with ample surface parking to support customer access.

This is a multi-unit retail-oriented offering positioned for tenants that can operate within LI zoning parameters.

Key Highlights

  • 8‑unit property with NNN leases and 100% Gross Operating Income (GOI) from day one
  • Zoned LI for flexible tenant use
  • Operates under NNN leases with minimal landlord responsibilities

Property Analytics

Current Use

Flawless Grillz & Custom ... (Bike/Boat/Book/etc) Store Fantaysee Hair & More Cosmetic Store Bond Cleaners (Bike/Boat/Book/etc) Store Divine Spa Laser ... Hair Salon Liquor choice (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Restaurant Law Firm Building Supply Big Box & Wholesale Store Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Groceries 36% Dining 6%
Kroger Groceries
29,838 visits/mo 0.1 miles
QuikTrip Shops & Services
27,824 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
10,534 visits/mo 0.2 miles
Family Dollar Shops & Services
5,558 visits/mo 0.2 miles
El Pollo Regio Dining
4,667 visits/mo 0.0 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

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

What type of property is this?
NNN property - Eight-unit NNN property in LI zoning with strong traffic visibility and surface parking.
Where is this nnn property located?
The property is located at 138 S Bowen Rd Arlington, TX.
What are key features of this property?
This property features: 8‑unit property with NNN leases and 100% Gross Operating Income (GOI) from day one; Zoned LI for flexible tenant use; Operates under NNN leases with minimal landlord responsibilities
More about this property
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