2000 E Randol Mill Rd 603 Arlington, TX 76011
Property summary
The local Arlington Entertainment District area has a large established base of businesses, residents, and tourists that frequent this fast food establishment. In addition, the local Fast Food sandwich shop generates additional revenue due to the stadium's and Texas Live's one-block proximity to events. The sandwich shop's customers frequent the restaurant prior to attending a game or concert to save on the cost of food that can be purchased at the events. The location provides space for signage for a nationally recognized Fast Food Restaurant within the Arlington Entertainment District. The Westgate 10-acre business complex supplies a stream of tenant business to the current fast-food restaurant. The City of Arlington and other ongoing business and entertainment projects are spending over $4,000,000,000 on the 3-block area beside the fast food location. Westgate Plaza is Located in the Arlington Entertainment District, which is undergoing a 4 Billion dollar transformation. The City of Arlington’s Entertainment District has seen billions of dollars in investment in the past few years, with more on the way, positioning the District as a world-class sports, entertainment, and convention destination. The space is located one block from Globe Life Field, Chactaw Stadium, Texas Live & The Lowes Hotel. Provide a letter of intent to gain an option on this fast food restaurant space in an exceptional North Arlington, Texas location. The Westgate Business Complex has over 60 Businesses.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Tax Preparation
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Loan Service
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Electrical Service General Contractor
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Electronics & Wireless Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Arlington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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