Office
For Sale
Contact for pricing
2011 W Bardin Rd., Arlington, TX 76017
Established office property with a 1999 construction date.
Property Size5,518 SF
Price / SF$266.40
Days on Market34
Property Features for 2011 W Bardin Rd.
General Information
Standard status
Active
Size
5,518 SF
Class
B
Property subtype
Office
Building Details
Year Built
1999
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
NAI Robert Lynn
(214) 256-7100
Listed By:
Kyle Kosub · License #TX
Source:
Crexi
Added: Jul 28
Changed: Aug 29
Last Checked: Aug 29 at 11:53PM
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 NAI Robert Lynn
Investment Insights
Based on property information with market context.
This office building contains 5,518 square feet and was constructed in 1999. The property is located at 2011 W. Bardin Rd. in Arlington, Texas 76017.
Key Highlights
- 5,518‑square‑foot office building
- Constructed in 1999
- Located at 2011 W. Bardin Rd., Arlington, TX 76017
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,473
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,549,460
$1.5M
Cap Rate 7%
$1,106,757
$1.1M
Cap Rate 9%
$860,811
$860.8K
Market Conditions
NOI Build-Up for 5,518 SF
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.
Gross rent
$132.4K $24.00/SF
− Vacancy
−$29.1K −$5.28/SF
EGI
$103.3K $18.72/SF
− OpEx
−$25.8K −$4.68/SF
NOI
$77.5K $14.04/SF
Area
ZIP 76017
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,549,460
Cap Rate 7%
$1,106,757
Cap Rate 9%
$860,811
Alternative Uses
Best Use
Office B
$1.11M
$968.4K – $1.29M
NOI $77,473 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.77M
NOI $105,946 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Explore this area
Business Placement
Demographics for 76017, TX
45,745
Population
17,211
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
4,485
Density / Sq Mi
$88,442
Median Household Income
$46,356
Median Earnings
$1,533
Median Rent
$286,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Established office property with a 1999 construction date.
Where is this office building located?
The property is located at 2011 W Bardin Rd. Arlington, TX.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: 5,518‑square‑foot office building; Constructed in 1999; Located at 2011 W. Bardin Rd., Arlington, TX 76017
