Brick Strip Mall with Multiple
For Sale
$1,300,000
2712-2720 W Division St, Arlington, TX 76012
SINGLE_FAMILY - Arlington, TX
Property Size3,957 SF
Lot Size0.40 Acres
Price / SF$328.53
Days on Market87
Property Features for 2712-2720 W Division St
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Retail / Commercial
Parking features
Driveway
Subdivision
West Arlington
Directions
Located on W Division St in Arlington. From Hwy 360, exit Division St and head west. Property is on the right with strong frontage and visibility.
Standard status
Active
APN
40013189
Lot size
0.40 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Number of units
4
Flooring type
Concrete
Building materials
Brick, Concrete
Roof type
Composition, Built-Up
Listing Agency:
DHS Realty
(972) 979-8413
Listed By:
Rawan Shalabi Ahmad · License #0775441
(972) 979-8413
Added: May 11
Changed: Aug 4
Last Checked: Aug 5 at 10:06PM
MLS# 21257677
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully leased strip mall totals approximately 3,957 SF and is set up with multiple tenants in place, generating stable cash flow. The property sits on a 0.4-acre lot and was built in 2002.
Construction includes brick and concrete, with concrete flooring. Heating and cooling are electric, and the roof system includes built-up and composition materials. The property has a driveway for parking and uses public water and public sewer services.
The asset is located on a high-traffic corridor with strong visibility and frontage, supporting long-term occupancy for both investor and owner-user strategies focused on maintaining current tenancy.
Construction includes brick and concrete, with concrete flooring. Heating and cooling are electric, and the roof system includes built-up and composition materials. The property has a driveway for parking and uses public water and public sewer services.
The asset is located on a high-traffic corridor with strong visibility and frontage, supporting long-term occupancy for both investor and owner-user strategies focused on maintaining current tenancy.
Key Highlights
- Approximately 3,957 SF fully leased strip mall with multiple tenants
- Built in 2002 on a 0.4‑acre lot
- Brick and concrete construction with concrete flooring
Financial Insights For Retail
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 | $81.7k | $20.64 |
| − Vacancy | −$3.8k | −$0.97 |
| EGI | $77.8k | $19.67 |
| − OpEx | −$23.4k | −$5.90 |
| NOI | $54.5k | $13.77 |
3,957 SF · lease $20.64/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$778.3K
$681.1K – $908.1K
NOI $54,484 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,672 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
83k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 36%
Dining 6%
Kroger
Groceries
29,838 visits/mo
0.3 miles
QuikTrip
Shops & Services
27,824 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
10,534 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,558 visits/mo
0.3 miles
El Pollo Regio
Dining
4,667 visits/mo
0.2 miles
Demographics for 76012, TX
27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased strip mall with multiple tenants, brick construction, and public water and sewer services.
Where is this strip mall located?
The property is located at 2712-2720 W Division St Arlington, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 3,957 SF fully leased strip mall with multiple tenants; Built in 2002 on a 0.4‑acre lot; Brick and concrete construction with concrete flooring
