Property profile

2401 Avenue J Arlington, TX 76006

OFF-MARKET
Warehouses
83,655 SF 5.53 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional Arlington, Texas, investment opportunity presents a 83,655 square foot, multi-tenant industrial portfolio comprising three buildings: a 39,180 square foot warehouse, a 10,849 square foot flex space, and a 33,626 square foot office building. Currently 90% occupied with 30 tenants under gross leases, the property boasts a strong NOI of $645,064 and a 6.45% cap rate, with a pro-forma NOI of $776,946 and a pro-forma cap rate of 7.77%. Built in 1978 and renovated in 2020, the property features 13 dock-high doors, 2 loading docks, and a 14'7" ceiling height. Situated on a 5.53-acre lot at 2401 Avenue J, Arlington, TX 76006, this Class B property benefits from a prime location, offering easy access to major transportation routes including Interstate 30 and Interstate 360, and proximity to key attractions such as Texas Live, Globe Life Park, AT&T Stadium, Six Flags, and Hurricane Harbor. The property includes abundant parking, a white reflective roof, newly painted walls, vinyl plank flooring, and LED lighting. Rent bumps are set at 4%. This value-add opportunity offers significant upside potential for investors seeking a well-located, income-producing asset in the thriving DFW market. The property is less than 10 miles from DFW Airport.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 83,655 SF
Lot 5.53 ac (240,887 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Hardware & Home Improvement Construction Company
  • Employment Agency
  • Insurance Agency

Location

2401 Avenue J Arlington, TX 76006
Arlington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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