Stone-Façade Neighborhood Retail
For Sale
$7,497,000
4130 S Bowen Rd, Arlington, TX 76016
Multi-tenant retail center built in 2010, 100% occupied on triple-net lease terms.
Property Size19,056 SF
Price / SF$393.42
Days on Market202
Property Features for 4130 S Bowen Rd
General Information
Standard status
Active
Size
19,056 SF
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
6.5%
Amenities
Stabilized, 100% Leased Multi-Tenant Retail Asset
Service-Based, Internet-Resistant Tenant Lineup
Located at the Signalized Intersection of South Bowen Road and Pleasant Ridge Road
Near Dense Retail Trade Area Along I-20
Building Details
Building Size
19,056 SF
Year Built
2010
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Philip Levy · License #License(s): TX: 0522087-SA
(972) 755-5225
Source:
Marcusmillichap
Added: Apr 3
Changed: Oct 11
Last Checked: Oct 20 at 5:06PM
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 Marcus & Millichap - Dallas
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Investment Insights
Based on property information with market context.
Garden Town Center is a 100% occupied, multi-tenant neighborhood retail center originally constructed in 2010. The property is leased on triple-net terms to a mix of service-oriented businesses, including Fossil Creek Liquor, Grounds and Gold Community Café, Papa Murphy’s, Town Garden Salon, First American Title, High Class Nail Salon, and Panda Massage.
The center is located at 4130 S Bowen Rd in Arlington, Texas.
The building presents an attractive stone façade with a metal roof and awning accents.
The center is located at 4130 S Bowen Rd in Arlington, Texas.
The building presents an attractive stone façade with a metal roof and awning accents.
Key Highlights
- Multi‑tenant neighborhood retail center built in 2010
- 100% occupied with tenant mix including Fossil Creek Liquor, Grounds and Gold Community Café, Papa Murphy’s, and First American Title
- Triple‑net (NNN) lease terms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$262,381
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,247,620
$5.2M
Cap Rate 7%
$3,748,300
$3.7M
Cap Rate 9%
$2,915,344
$2.9M
Market Conditions
NOI Build-Up for 19,056 SF
Gross rent
$393.3K $20.64/SF
− Vacancy
−$18.5K −$0.97/SF
EGI
$374.8K $19.67/SF
− OpEx
−$112.4K −$5.90/SF
NOI
$262.4K $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%
$5,247,620
Cap Rate 7%
$3,748,300
Cap Rate 9%
$2,915,344
Alternative Uses
Best Use
Retail
$3.75M
$3.28M – $4.37M
NOI $262,381 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.62M
$4.92M – $6.56M
NOI $393,316 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
132k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
QuikTrip
Shops & Services
48,692 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
30,847 visits/mo
0.1 miles
RaceTrac
Shops & Services
24,022 visits/mo
0.2 miles
SONIC Drive In
Dining
13,674 visits/mo
0.2 miles
Chicken Express
Dining
7,777 visits/mo
0.2 miles
Demographics for 76016, TX
31,091
Population
11,609
Households
2.7
Avg Household Size
44
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,533
Density / Sq Mi
$108,701
Median Household Income
$55,446
Median Earnings
$1,854
Median Rent
$311,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Multi-tenant retail center built in 2010, 100% occupied on triple-net lease terms.
Where is this strip mall located?
The property is located at 4130 S Bowen Rd Arlington, TX.
What is the asking price?
The asking price for this property is $7,497,000.
What are key features of this property?
This property features: Multi‑tenant neighborhood retail center built in 2010; 100% occupied with tenant mix including Fossil Creek Liquor, Grounds and Gold Community Café, Papa Murphy’s, and First American Title; Triple‑net (NNN) lease terms
