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    508 Randol Mill Rd Arlington, TX 76011

    For Lease
    Contact for pricing

    Prime Arlington location, 2500 sq ft, single tenant.

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2,500 square foot freestanding retail space, ideally suited for a restaurant, is available for lease in Arlington, Texas. Located in Tarrant County at 508 W Randol Mills Rd, zip code 76011, this single-tenant property boasts a highly desirable location within Arlington's medical district. The building is a second-generation restaurant space, featuring a valuable drive-thru lane, a significant advantage for quick-service restaurants (QSRs). Its strategic placement offers excellent visibility and accessibility. The property benefits from a grocer-anchored center and enjoys adjacency to a high-performing PNC Bank, ensuring a strong commercial environment. Furthermore, its proximity to the University of Texas at Arlington and the city's Entertainment District provides a substantial customer base and significant growth potential. The entire 2,500 square feet is currently vacant, presenting a unique opportunity for a business to establish a strong presence in a thriving area. This property is classified as Commercial, Retail, and Restaurant. The property's coordinates are 32.7499953 latitude and -97.0984401 longitude.

    Property Features for 508 Randol Mill Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,500 SF

    HighLights

    • 2,500 SF of available space
    • Freestanding building, second‑generation space with drive‑thru
    • High daytime population density
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dairy Queen Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0984401
    Latitude
    32.7499953

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    FAQs

    What type of property is this?
    Restaurant - Prime Arlington location, 2500 sq ft, single tenant.
    Where is this restaurant located?
    The property is located at 508 Randol Mill Rd Arlington, TX.
    What are key features of this property?
    This property features: 2,500 SF of available space; Freestanding building, second-generation space with drive-thru; High daytime population density
    Request Owner's contact information
    508 Randol Mill Rd Arlington, TX 76011
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    Arlington, TX 76011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 Randol Mill Rd Arlington, TX 76011
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