4104 Bowen Rd Arlington, TX 76016

Property Details for 4104 Bowen Rd

Year built

2023

Lot size

0.66 lot acres

Property size

4,500 SF

Property type

Office Properties & Spaces

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a brand-new, Class "A" medical office building, constructed in 2023, located at 4104 S Bowen Rd, Arlington, TX 76016. The property boasts 4,500 square feet situated on a 0.66-acre lot and is currently occupied by iKids Pediatric Dentistry and Orthodontics under a Net-Net (NN) lease with 11.5 years remaining. The asking price is $2,220,000, representing a compelling price per square foot of $493.33 and a strong 6.49% capitalization rate. The building generates a substantial net operating income (NOI) of $144,000 annually. This property benefits from a superior building façade and enjoys a prime location off Bowen Road, a thoroughfare with over 32,000 vehicles per day. The tenant benefits from convenient access to I-20 Ronald Reagan Memorial Hwy. Furthermore, the surrounding area demonstrates strong demographics, with a household income within a one-mile radius exceeding $115,734 – significantly above the national average. The landlord responsibilities are limited to taxes, insurance, and common area maintenance (CAM), making this a low-maintenance investment. This is a rare opportunity to acquire a high-performing, newly constructed medical office building in a thriving Texas market.