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Open-Plan Retail Space

2001 Southeast Parkway, Arlington, TX 76018

For Sale
Contact for pricing

The vacant interior is currently open, with conceptual layouts for dividing the space into multiple suites.

Property Size5,562 SF
Lot Size0.80 Acres
Price / SF$296.66
Days on Market26

Property Features for 2001 Southeast Parkway

General Information

Standard status Active
Size 5,562 SF
Total Parking Spaces 24
Lot size 0.80 Acres
Property subtype Retail

Additional Details

Asking Price $1,650,000
Listing Agency: Investa Real Estate
Listed By: Hussein Haidar · License #TX 479021
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 4:28PM

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 Investa Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This vacant retail property contains approximately 5,562 square feet on 0.80 acres. Its interior is presently configured as one open area. A conceptual plan illustrates four suites of approximately 1,390.5 square feet each, with leasing options also described for one suite, three adjoining suites totaling approximately 4,171.5 square feet, or the full space. The proposed suite lines are not existing walls; final design, measurements, delivery condition, and timing depend on agreement and required approvals.

The property has 24 parking spaces and frontage on Southeast Parkway, near Tarrant County College Southeast Campus. One proposed suite has a rear grease trap; restaurant use with a full kitchen would depend on capacity, utilities, permitting, and applicable approvals.

Key Highlights

  • Approximately 5,562 SF of vacant retail/office space on 0.80 acres
  • 24 parking spaces
  • Frontage on Southeast Parkway near Tarrant County College Southeast Campus

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,583
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,531,660 $1.5M
Cap Rate 7%
$1,094,043 $1.1M
Cap Rate 9%
$850,922 $850.9K
Market Conditions
NOI Build-Up for 5,562 SF
Gross rent
$114.8K $20.64/SF
− Vacancy
−$5.4K −$0.97/SF
EGI
$109.4K $19.67/SF
− OpEx
−$32.8K −$5.90/SF
NOI
$76.6K $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%
$1,531,660
Cap Rate 7%
$1,094,043
Cap Rate 9%
$850,922

Alternative Uses

Best Use
Retail
$1.09M
$957.3K – $1.28M (±1% cap)
NOI $76,583 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.91M (±1% cap)
NOI $114,800 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

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

228
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,409 visits/mo 0.5 miles
Family Dollar Shops & Services
8,596 visits/mo 0.5 miles
Exxon Shops & Services
3,379 visits/mo 0.1 miles

Demographics for 76018, TX

27,784
Population
8,842
Households
3.1
Avg Household Size
35
Median Age
27%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,517
Density / Sq Mi
$84,183
Median Household Income
$41,012
Median Earnings
$1,855
Median Rent
$245,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Arlington

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Retail space - The vacant interior is currently open, with conceptual layouts for dividing the space into multiple suites.
Where is this retail space located?
The property is located at 2001 Southeast Parkway Arlington, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 5,562 SF of vacant retail/office space on 0.80 acres; 24 parking spaces; Frontage on Southeast Parkway near Tarrant County College Southeast Campus
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