Property profile

4104 Bowen Rd Arlington, TX 76016

OFF-MARKET
Office Spaces
4,500 SF 0.66 ac lot Built 2023
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 4,500 SF
Lot 0.66 ac (28,750 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
  • Dental Office
  • Dental Office

Location

4104 Bowen Rd Arlington, TX 76016
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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