Multi-Tenant Retail with 180+
For Sale
Contact for pricing
2712 West Division Street, Arlington, TX 76012
Fully leased multi-tenant retail property with more than 180 feet of frontage and strong in-place income potential.
Property Size3,957 SF
Price / SF$303.26
Days on Market176
Property Features for 2712 West Division Street
General Information
Standard status
Active
Size
3,957 SF
Property subtype
Retail
Zoning
retail/ Commercial
Occupancy
100%
Lease Type
NNN
Building Details
Year Built
2002
Tenancy
Multi
Listing Agency:
DHS Realty
Listed By:
Rawan Shalabi · License #0775441
Source:
Crexi
Added: May 1
Changed: Oct 6
Last Checked: Oct 23 at 4:12AM
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 DHS Realty
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 fully leased multi-tenant retail property totals approximately 3,957 square feet and features multiple tenants, creating a diversified in-place income stream. The offering is positioned as a stabilized income-producing asset for investors, with an owner-user option to occupy part of the property while maintaining rental income.
The property is located on W Division Street and offers over 180 feet of frontage. Public remarks also describe high daily traffic counts, supporting visibility and accessibility.
With surrounding residential neighborhoods and ongoing commercial growth cited in the remarks, the center’s tenant demand is presented as supported by the local area.
The property is located on W Division Street and offers over 180 feet of frontage. Public remarks also describe high daily traffic counts, supporting visibility and accessibility.
With surrounding residential neighborhoods and ongoing commercial growth cited in the remarks, the center’s tenant demand is presented as supported by the local area.
Key Highlights
- Fully leased multi‑tenant retail property totaling approximately 3,957 SF
- Year built: 2002
- Over 180 feet of frontage on W Division Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,484
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
$1.1M
Cap Rate 7%
$778,343
$778.3K
Cap Rate 9%
$605,378
$605.4K
Market Conditions
NOI Build-Up for 3,957 SF
Gross rent
$81.7K $20.64/SF
− Vacancy
−$3.8K −$0.97/SF
EGI
$77.8K $19.67/SF
− OpEx
−$23.4K −$5.90/SF
NOI
$54.5K $13.77/SF
Area
Arlington, TX
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,680
Cap Rate 7%
$778,343
Cap Rate 9%
$605,378
Alternative Uses
Best Use
Retail
$778.3K
$681.1K – $908.1K
NOI $54,484 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,672 @ 7.0% cap · market cap 6.81%
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
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
Frequently Asked Questions
What type of property is this?
Retail space - Fully leased multi-tenant retail property with more than 180 feet of frontage and strong in-place income potential.
Where is this retail space located?
The property is located at 2712 West Division Street Arlington, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully leased multi‑tenant retail property totaling approximately 3,957 SF; Year built: 2002; Over 180 feet of frontage on W Division Street
