Two-Story Medical Office
800 Orthopedic Way, Arlington, TX 76015
For Sale
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Vacant healthcare space includes exam rooms, clinical support areas, and reception and waiting areas.
Property Size37,100 SF
Price / SF$350
Days on Market36
Property Features for 800 Orthopedic Way
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
Colliers - Tulsa, Oklahoma
Listed By:
Colin Cornell · License OK #171700
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 10 at 8:54AM
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 Colliers - Tulsa, Oklahoma
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Investment Insights
Based on property information with market context.
This vacant medical office property spans two floors and provides 37,100 SF in total. The first floor contains 25,100 SF, while the second floor adds 12,000 SF. Designed for outpatient healthcare, the interior includes approximately 18 exam rooms, multiple nurse stations, reception and waiting areas, offices, restrooms, and additional support space.
The property is located at 800 Orthopedic Way in Arlington, Texas. Its medical office improvements and two-floor configuration are suited to occupancy of the full building or a portion of the space.
The property is located at 800 Orthopedic Way in Arlington, Texas. Its medical office improvements and two-floor configuration are suited to occupancy of the full building or a portion of the space.
Key Highlights
- 37,100 SF across two floors: 25,100 SF on the first floor and 12,000 SF on the second
- Approximately 18 exam rooms and multiple nurse stations
- Includes reception, waiting areas, offices, restrooms, and support spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$574,308
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,486,160
$11.5M
Cap Rate 7%
$8,204,400
$8.2M
Cap Rate 9%
$6,381,200
$6.4M
Market Conditions
NOI Build-Up for 37,100 SF
Gross rent
$890.4K $24.00/SF
− Vacancy
−$124.7K −$3.36/SF
EGI
$765.7K $20.64/SF
− OpEx
−$191.4K −$5.16/SF
NOI
$574.3K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,486,160
Cap Rate 7%
$8,204,400
Cap Rate 9%
$6,381,200
Alternative Uses
Best Use
Office B
$8.20M
$7.18M – $9.57M
NOI $574,308 @ 7.0% cap · market cap 4.42%
Second Best
Healthcare Medical
$6.87M
$6.01M – $8.01M
NOI $480,816 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$10.94M
$9.57M – $12.76M
NOI $765,744 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,661
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Properties on Market for Medical Office Space in Arlington
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Tracie Kretzschman — 3161 Matlock Rd, Mansfield, TX 76063
Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant healthcare space includes exam rooms, clinical support areas, and reception and waiting areas.
Where is this medical office space located?
The property is located at 800 Orthopedic Way Arlington, TX.
What is the asking price?
The asking price for this property is $12,985,000.
What are key features of this property?
This property features: 37,100 SF across two floors: 25,100 SF on the first floor and 12,000 SF on the second; Approximately 18 exam rooms and multiple nurse stations; Includes reception, waiting areas, offices, restrooms, and support spaces
