2005 NE Green Oaks Blvd Arlington, TX 76006
Premier office building in Arlington, Texas, with GSA tenant.
Property Features for 2005 NE Green Oaks Blvd
General Information
- Standard status
- Active
- Size
- 19,616 SF
- Lot size
- 2.15 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing office STRIVE Commercial Real Estate Advisors
Listing date May 22, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Long‑term, stable income potential from GSA tenant lease through 2038.
- Excellent location with high visibility on NE Green Oaks Boulevard.
- Adaptable floor plan suitable for office or medical office use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $470.8k | $24.00 |
| − Vacancy | −$65.9k | −$3.36 |
| EGI | $404.9k | $20.64 |
| − OpEx | −$101.2k | −$5.16 |
| NOI | $303.7k | $15.48 |