2401 Avenue J Arlington, TX 76006
- Warehouses
- 83,655 SF
- 5.53 lot acres
Current Use by Public Records
- STANCE Chiropractic / Chiropractor
- Rodney Wirth / Chiropractor
- Triple R Restoration Group / Carpet Cleaning Service / Remodeler
- Jireh Staffing / Temp Agency
- North American Senior Benefits / Insurance Agency
Property Details for 2401 Avenue J
- Year built
- 1978
- Lot size
- 5.53 lot acres
- Property size
- 83,655 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0674
- Latitude
- 32.768
