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Two-Story Office Building in Arlington

4304 Tate Springs Rd, Arlington, TX 76016

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For Sale

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Professional office building suitable for single tenant or owner/user.

Type:Office

Property size:

5,417 SF

Lot size:

0.45 Acres

Price / SF:

$216/SF

HighLights

Located near I‑20 with short drive to Dallas & Fort Worth.
Suitable for single tenant, owner/user, or subdivided into two units.
5,417 SF office space with two‑story layout.
Downstairs: 6 oversized offices, open bullpen, 3 restrooms, kitchen/breakroom.
Upstairs: 6 private offices, bullpen, 2 restrooms, large covered balcony.
Well‑parked 0.45‑acre lot with stone & brick exterior and ample natural light.

We can help!

Contact an agent

Juan C. Sanchez

Learn more

For Sale

Contact for pricing

Professional office building suitable for single tenant or owner/user.

Type:Office

Property size:

5,417 SF

Lot size:

0.45 Acres

Price / SF:

$216/SF

Added:: Jul 15, 2023
Days on Market:: 1090
Last Refresh:: Jun 28 at 11:38 pm

Property Features for 4304 Tate Springs Rd

General Information

Standard status: Active
Size: 5,417 SF
Lot size: 0.45 Acres
Property subtype: Office

Building Details

Year Built: 2003

We can help!

Contact an agent

Juan C. Sanchez

Listing office Sendero Group

Listing date Jul 15, 2023

Source Crexi

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 Sendero Group

HighLights

Located near I‑20 with short drive to Dallas & Fort Worth.
Suitable for single tenant, owner/user, or subdivided into two units.
5,417 SF office space with two‑story layout.
Downstairs: 6 oversized offices, open bullpen, 3 restrooms, kitchen/breakroom.
Upstairs: 6 private offices, bullpen, 2 restrooms, large covered balcony.
Well‑parked 0.45‑acre lot with stone & brick exterior and ample natural light.

Overview

This two-story professional office building, totaling 5,417 square feet, is situated in the South Arlington submarket, offering convenient access to I-20 and proximity to both downtown Dallas and Fort Worth. The property, located on a 0.45-acre lot, is suitable for a single tenant, an owner/user, or can be subdivided into two separate units, each with its own access. The downstairs floor plan features a lobby/reception area, six oversized offices, an open bullpen area, three restrooms, a kitchen/breakroom, a copy room, a server room, and ample storage space. The upstairs layout includes a reception/open workspace, six private offices, a bullpen area, two restrooms, and a large covered balcony. The building boasts a stone and brick exterior designed for easy maintenance and benefits from abundant natural light throughout. The property is well-parked.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$130.0k	$24.00
− Vacancy	−$18.2k	−$3.36
EGI	$111.8k	$20.64
− OpEx	−$28.0k	−$5.16
NOI	$83.9k	$15.48

5,417 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $83,855 @ 7.0% cap · market cap 7.14%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.60M

$1.40M – $1.86M (±1% cap)

NOI $111,807 @ 7.0% cap · market cap 9.52%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Arlington
County: Tarrant
State: Texas
Longitude: -97.1937089
Latitude: 32.6792884

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For sale
Office buildings
TX
Arlington
76016
4304 Tate Springs Rd

What type of property is this?

Office building - Professional office building suitable for single tenant or owner/user.

Where is this office building located?

The property is located at 4304 Tate Springs Rd Arlington, TX.

What is the asking price?

The asking price for this property is $1,175,000.

What are key features of this property?

This property features: Located near I‑20 with short drive to Dallas & Fort Worth.; Suitable for single tenant, owner/user, or subdivided into two units.; **5,417 SF office space with two‑story layout.**