6320 287 Frontage Rd Arlington, TX 76001
- Lifestyle centers
- 23,470 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 6320 287 Frontage Rd
- Year built
- 2002
- Property size
- 23,470 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 23,470-square-foot shopping center in Arlington, Texas presents a compelling investment opportunity. Built in 2002 and renovated in 2006, the single-story property boasts a desirable 7.17% cap rate and is offered at $5,910,000. Strategically located at 6320 U.S. 287 Frontage Rd, 76001, in Tarrant County, this center benefits from a highly visible position at the signalized intersection of W Sublett Road and Highway 287, providing convenient access for customers. Multiple access points from both W Sublett Road and the Highway 287 frontage road ensure easy ingress and egress. The property features ample parking (306 spaces), a significant advantage for attracting tenants with high parking demands, potentially leading to increased rental income. Its brick construction and attractive tenant signage, including a pylon sign at the entrance, enhance its curb appeal. The surrounding area is characterized by a high concentration of upscale apartments and dense residential neighborhoods, guaranteeing a robust customer base. The center's proximity to both Fort Worth (approximately 10 miles southeast) and Dallas (approximately 30 miles southwest) further enhances its appeal and accessibility. This well-maintained shopping center offers a rare combination of location, amenities, and strong potential for return on investment.
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
- -97.1856
- Latitude
- 32.6444