Multi-Tenant Flex
For Sale
Contact for pricing
3007 Pleasant Valley Lane, Arlington, TX 76015
Small-bay industrial property with full HVAC, grade-level loading, and a practical office-to-warehouse layout.
Property Size12,800 SF
Price / SF$152.91
Days on Market12
Property Features for 3007 Pleasant Valley Lane
General Information
Standard status
Active
Size
12,800 SF
Total Parking Spaces
18
Property subtype
Industrial
Zoning
LI
Occupancy
100%
Lease Type
NNN
Net Operating Income
$1,957,262
Additional Details
Cap Rate
7%
Highway Access
Yes
Conditioned Warehouse
Yes
Office Units
4
Amenities
grade-level loading
Building Details
Year Built
1983
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Building Size
12,800 SF
Owner Occupied
No
Listing Agency:
SLJ Company
(214) 520-8818
Listed By:
Ty Underwood · License #TX 419172
Source:
Crexi
Added: Aug 21
Changed: Aug 30
Last Checked: Aug 31 at 9:46PM
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 SLJ Company
Investment Insights
Based on property information with market context.
Pleasant Valley Industrial Park is a 12,800-square-foot flex property in Arlington, Texas, comprising four suites occupied by three tenants. The building is 100% occupied under NNN leases, with an average suite size of approximately 3,200 square feet. Its layout includes 100% HVAC, grade-level loading, and approximately 25% office finish and 75% warehouse finish, supporting light industrial and service-oriented uses. The property was built in 1983 and is zoned LI.
Located at 3007 Pleasant Valley Lane, the property sits just over one mile north of I-20 and less than four miles west of SH 360. Access to I-35W, I-30, I-820, and SH 121 connects the site with the Dallas–Fort Worth Metroplex. Lease terms include a 3.7% average annual contractual rent increase and a 3-year WALT. The in-place cap rate is 7.0%, with a 7.5% Year-5 pro forma cap rate.
Located at 3007 Pleasant Valley Lane, the property sits just over one mile north of I-20 and less than four miles west of SH 360. Access to I-35W, I-30, I-820, and SH 121 connects the site with the Dallas–Fort Worth Metroplex. Lease terms include a 3.7% average annual contractual rent increase and a 3-year WALT. The in-place cap rate is 7.0%, with a 7.5% Year-5 pro forma cap rate.
Key Highlights
- 12,800‑square‑foot flex property with four suites
- 100% occupied by three tenants under NNN leases
- Approximately 3,200‑square‑foot average suite size
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
$100,779
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
5.15%
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%
$2,015,580
$2.0M
Cap Rate 7%
$1,439,700
$1.4M
Cap Rate 9%
$1,119,767
$1.1M
Market Conditions
NOI Build-Up for 12,800 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
$127.5K $9.96/SF
− Vacancy
−$8.9K −$0.70/SF
EGI
$118.6K $9.26/SF
− OpEx
−$17.8K −$1.39/SF
NOI
$100.8K $7.87/SF
Area
Arlington, TX
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
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%
$2,015,580
Cap Rate 7%
$1,439,700
Cap Rate 9%
$1,119,767
Alternative Uses
Best Use
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,779 @ 7.0% cap · market cap 5.15%
Second Best
Industrial
$1.19M
$1.04M – $1.38M
NOI $82,995 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $264,192 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,923
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76015, TX
17,185
Population
7,027
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
3,997
Density / Sq Mi
$70,912
Median Household Income
$37,835
Median Earnings
$1,608
Median Rent
$236,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Small-bay industrial property with full HVAC, grade-level loading, and a practical office-to-warehouse layout.
Where is this flex space located?
The property is located at 3007 Pleasant Valley Lane Arlington, TX.
What is the asking price?
The asking price for this property is $1,957,262.
What are key features of this property?
This property features: 12,800‑square‑foot flex property with four suites; 100% occupied by three tenants under NNN leases; Approximately 3,200‑square‑foot average suite size
