Medical Office
For Sale
Contact for pricing
808 W Interstate 20, Arlington, TX 76017
Tilt-wall construction and true triple-net leases define this established office property along a major regional corridor.
Property Size28,371 SF
Price / SF$214.75
Days on Market120
Property Features for 808 W Interstate 20
General Information
Standard status
Active
Size
28,371 SF
Class
B
Total Parking Spaces
164
Property subtype
Office, Industrial
Zoning
CC
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$426,488
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2025
Buildings
2
Units
4
Tenancy
Multi
Building Size
28,371 SF
Construction
tilt-wall concrete
Listing Agency:
SVN | Trinity Advisors
(817) 288-5524
Listed By:
Eliud Sangabriel, CCIM · License #TX 0589027
Source:
Crexi
Added: May 5
Changed: Aug 30
Last Checked: Aug 30 at 4:31AM
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 SVN | Trinity Advisors
Investment Insights
Based on property information with market context.
This 28,371-square-foot office building is designed for medical and professional occupancy, with tilt-wall concrete construction and a functional interior layout. The property includes ample parking and a rear vacancy for which ownership is open to structuring a master lease.
Positioned along I-20 at 808 W Interstate 20 in Arlington, the building benefits from access to a major regional corridor. The tenant roster includes Cortiva Institute, which has occupied the property for over 10 years and recently committed to another 10-year term, along with White Belt Casino Events under a four-year lease.
The offering includes true triple-net leases and is zoned CC, providing a defined framework for evaluating the existing medical and office configuration.
Positioned along I-20 at 808 W Interstate 20 in Arlington, the building benefits from access to a major regional corridor. The tenant roster includes Cortiva Institute, which has occupied the property for over 10 years and recently committed to another 10-year term, along with White Belt Casino Events under a four-year lease.
The offering includes true triple-net leases and is zoned CC, providing a defined framework for evaluating the existing medical and office configuration.
Key Highlights
- 28,371‑square‑foot office building with medical and professional tenancy
- Tilt‑wall concrete construction with a functional office layout
- Located along I‑20 at 808 W Interstate 20 in Arlington, TX 76017
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
$398,329
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
6.54%
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%
$7,966,580
$8.0M
Cap Rate 7%
$5,690,414
$5.7M
Cap Rate 9%
$4,425,878
$4.4M
Market Conditions
NOI Build-Up for 28,371 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
$680.9K $24.00/SF
− Vacancy
−$149.8K −$5.28/SF
EGI
$531.1K $18.72/SF
− OpEx
−$132.8K −$4.68/SF
NOI
$398.3K $14.04/SF
Area
ZIP 76017
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
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%
$7,966,580
Cap Rate 7%
$5,690,414
Cap Rate 9%
$4,425,878
Alternative Uses
Best Use
Office B
$5.69M
$4.98M – $6.64M
NOI $398,329 @ 7.0% cap · market cap 6.54%
Second Best
Healthcare Medical
$5.37M
$4.70M – $6.26M
NOI $375,859 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$7.78M
$6.81M – $9.08M
NOI $544,723 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 76017, TX
45,745
Population
17,211
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
4,485
Density / Sq Mi
$88,442
Median Household Income
$46,356
Median Earnings
$1,533
Median Rent
$286,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Tilt-wall construction and true triple-net leases define this established office property along a major regional corridor.
Where is this office building located?
The property is located at 808 W Interstate 20 Arlington, TX.
What is the asking price?
The asking price for this property is $6,092,680.
What are key features of this property?
This property features: 28,371‑square‑foot office building with medical and professional tenancy; Tilt‑wall concrete construction with a functional office layout; Located along I‑20 at 808 W Interstate 20 in Arlington, TX 76017
