Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2520 NE Green Oaks Blvd Arlington, TX 76006

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,500 SF end-cap unit with drive-thru in Arlington, TX.

    Type:Retail
    Property size:
    2,500 SF
    Lot size:
    0.72 Acres
    Added:
    Oct 28, 2024
    Days on Market:
    539
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 2520 NE Green Oaks Blvd

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.72 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2002

    Spaces For Lease

    at 2520 NE Green Oaks Blvd Contact us

    Suite 120 $20 /Mo

    Size
    2,132 SF
    Type
    Retail
    Contact us

    We can help!

    Listing Contact
    Troy Morgan, CCIM

    Listing agent Troy Morgan, CCIM License #TX 543987

    Listing office Structure Commercial

    Listing date Oct 28, 2024

    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 Structure Commercial

    Overview

    Retail Space with Drive-Thru

    Located in Arlington, TX, this commercial space offers a 2,500 SF end-cap unit featuring a drive-thru. Constructed in 2002, the property is part of a 5,500 SF retail center situated on a 0.72-acre lot. The location provides high visibility and convenient access, with close proximity to Highway 360. The surrounding area includes national retailers such as QT, Family Dollar, and McDonald's, contributing to significant foot traffic and a dynamic commercial environment. The space is move-in-ready and suitable for various business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donuts-N-Coffee Bakery Bright Cleaners (Bike/Boat/Book/etc) Store B T Nails Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0632234
    Latitude
    32.784668

    Nearby Similar for Lease

    • Contact for pricing

      Updated Office Space in Arlington

      Updated commercial space ideal for professional uses in central Arlington.
      1311 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Arlington Commercial Leasing Opportunity

      Prime location near Downtown Arlington, UTA, and major corridors.
      801 E Abram Street, Arlington, TX 76010
      View Details
    • Contact for pricing

      Arlington Office Space For Lease

      Well-maintained office space in east Arlington with immediate occupancy.
      1313 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Class A Office Space

      Professional office space with natural light and included amenities.
      1300 W Randol Mill Road, Arlington, TX 76012
      View Details
    • Contact for pricing

      Office Space Near Downtown Arlington

      Office space available in Arlington, suitable for various professional uses.
      1307 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Office Space in Arlington, TX

      Convenient office space near downtown Arlington, suitable for various professionals.
      1307 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Arlington Medical Office Suite

      Move-in ready medical suite near I-30 and Texas Health Hospital.
      1009 W Mitchell Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Move-in Ready Arlington Office Space

      Office space suitable for service-based businesses and office users.
      2608 Matlock Road, Arlington, TX 76015
      View Details
    • Contact for pricing

      Office Flex Warehouse in Arlington

      Conveniently located office flex warehouse with easy freeway access.
      1018 W Main Street W, Arlington, TX 76013
      View Details
    • Contact for pricing

      Arlington Warehouse Sublease Opportunity

      Warehouse sublease available in Arlington, TX, with owner approval.
      3430 Dalworth, Arlington, TX 76011
      View Details
    • $10/mo

      Arlington Church Campus for Lease

      Versatile church campus with rooms for lease, ideal for businesses.
      2045 SE Green Oaks Boulevard, Arlington, TX 76017
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for lease in Arlington, Texas.
      2401 W Green Oaks Boulevard, Arlington, TX 76016
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,500 SF end-cap unit with drive-thru in Arlington, TX.
    Where is this retail space located?
    The property is located at 2520 NE Green Oaks Blvd Arlington, TX.
    What are key features of this property?
    This property features: High‑visibility end‑cap unit with drive‑thru.; Strategic location near Highway 360.; Located in a bustling retail center with strong foot traffic.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Troy Morgan, CCIM
    Real Estate License ID: TX 543987
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!