Arlington Office Building For
For Sale
Contact for pricing
2121 Avenue J, Arlington, TX 76006
17,158 SF office building in Arlington, Texas.
Property Size17,158 SF
Lot Size1.28 Acres
Price / SF$200
Days on Market1441
Property Features for 2121 Avenue J
General Information
Standard status
Active
Size
17,158 SF
Class
B
Lot size
1.28 Acres
Property subtype
Office
Investment Type
Owner/User
Building Details
Tenancy
Single
Listing Agency:
Michael Morris Company
Listed By:
michael morris · License #TX 9009865
(732) 797-9001
Source:
Crexi
Added: Nov 8, 2022
Changed: Oct 3
Last Checked: Oct 16 at 5:53AM
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 Michael Morris Company
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Investment Insights
Based on property information with market context.
This 17,158 square foot mid-rise Class B office building is located in Arlington, Texas. Situated on a 1.28-acre lot in the Brookhollow Commons area, the property offers a single-tenant occupancy configuration. The location provides access to I-30 and Highway 360. The property is near AT&T Stadium, Globe Life Park, and Six Flags Over Texas. Its central location offers access to both Fort Worth (approximately 17 miles west) and Dallas (approximately 17 miles east). The building's design caters to executive office, medical office, or traditional office uses.
Key Highlights
- 17,158 SF Class B office building suitable for single‑tenant occupancy.
- Strategic location with convenient access to I‑30 and Highway 360.
- Versatile design suitable for executive, medical, or traditional office use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$265,606
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,312,120
$5.3M
Cap Rate 7%
$3,794,371
$3.8M
Cap Rate 9%
$2,951,178
$3.0M
Market Conditions
NOI Build-Up for 17,158 SF
Gross rent
$411.8K $24.00/SF
− Vacancy
−$57.7K −$3.36/SF
EGI
$354.1K $20.64/SF
− OpEx
−$88.5K −$5.16/SF
NOI
$265.6K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,312,120
Cap Rate 7%
$3,794,371
Cap Rate 9%
$2,951,178
Alternative Uses
Best Use
Office B
$3.79M
$3.32M – $4.43M
NOI $265,606 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.06M
$4.43M – $5.90M
NOI $354,141 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 76006, TX
25,320
Population
13,815
Households
1.8
Avg Household Size
33
Median Age
37%
College-Educated
91%
High-School Grad
7.6 sq mi
ZIP Area
3,332
Density / Sq Mi
$55,216
Median Household Income
$41,743
Median Earnings
$1,344
Median Rent
$286,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 17,158 SF office building in Arlington, Texas.
Where is this office building located?
The property is located at 2121 Avenue J Arlington, TX.
What is the asking price?
The asking price for this property is $3,431,600.
What are key features of this property?
This property features: 17,158 SF Class B office building suitable for single‑tenant occupancy.; Strategic location with convenient access to I‑30 and Highway 360.; Versatile design suitable for executive, medical, or traditional office use.
