Office Unit with
For Sale
Contact for pricing
2340 W Interstate 20 #212, Arlington, TX 76017
A coffee bar and shared access to a breakroom and conference room support day-to-day office use.
Property Size24,963 SF
Price / SF$0.06
Days on Market11
Property Features for 2340 W Interstate 20 #212
General Information
Standard status
Active
Size
24,963 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
balcony
coffee bar
copy machine
breakroom
conference room
Building Details
Year Built
2003
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:32PM
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 Magnorum Realty Services, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is part of a 24,963-square-foot property built in 2003. The space includes a balcony and coffee bar, with use of a copy machine. A breakroom and conference room are available in an adjacent building.
The property is at 2340 W Interstate 20 in Arlington, with visibility from Interstate 20. A separate 787-square-foot office with three rooms is also available.
The property is at 2340 W Interstate 20 in Arlington, with visibility from Interstate 20. A separate 787-square-foot office with three rooms is also available.
Key Highlights
- 24,963‑square‑foot office property
- Built in 2003
- Office unit includes a balcony and coffee bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$350,481
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,009,620
$7.0M
Cap Rate 7%
$5,006,871
$5.0M
Cap Rate 9%
$3,894,233
$3.9M
Market Conditions
NOI Build-Up for 24,963 SF
Gross rent
$599.1K $24.00/SF
− Vacancy
−$131.8K −$5.28/SF
EGI
$467.3K $18.72/SF
− OpEx
−$116.8K −$4.68/SF
NOI
$350.5K $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 Rate 5%
$7,009,620
Cap Rate 7%
$5,006,871
Cap Rate 9%
$3,894,233
Alternative Uses
Best Use
Office B
$5.01M
$4.38M – $5.84M
NOI $350,481 @ 7.0% cap · market cap 23,365.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.85M
$5.99M – $7.99M
NOI $479,290 @ 7.0% cap · market cap 31,952.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
591
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
Frequently Asked Questions
What type of property is this?
Office unit - A coffee bar and shared access to a breakroom and conference room support day-to-day office use.
Where is this office unit located?
The property is located at 2340 W Interstate 20 #212 Arlington, TX.
What are key features of this property?
This property features: 24,963‑square‑foot office property; Built in 2003; Office unit includes a balcony and coffee bar
