201 Division St Arlington, TX 76011-7500

Property Details for 201 Division St

Year built

1982

Lot size

0.86 lot acres

Property size

29,288 SF

Property type

Auto shops

APN

--958---29----1---20

APU

95829120

Description

Ford Square, located at 201 E Division St, Arlington, TX 76011, presents a compelling redevelopment opportunity within the thriving DFW MSA. This 49,595 square foot shopping center and storefront property, built in 1970 and renovated in 1995, sits on a 2.23-acre lot and comprises ten buildings. Currently 95% occupied by eight tenants under NNN leases, the property boasts a remaining lease term of approximately 1.1 years, expiring December 30, 2025. Its prominent location at the northeast corner of N. Mesquite and E. Division Street, a major thoroughfare with nearly 30,000 vehicles per day, offers exceptional visibility. The property benefits from its proximity to Arlington's Entertainment District (AT&T Stadium, Globe Life Field, Six Flags, Texas Live!), and the University of Texas at Arlington campus, providing substantial demand generators. The surrounding area is experiencing significant revitalization, with recent mixed-use developments achieving rents upwards of $40 per square foot, compared to current market averages of $33 per square foot (NNN). This presents a unique chance to capitalize on the ongoing shift towards walkable, vibrant spaces and create a high-value, mixed-use property in a rapidly growing market. The property's current below-market lease rates and short lease terms offer significant value-add potential through adaptive reuse and attracting new, creative tenants. This near full city block acquisition in the nation's fourth largest MSA offers substantial growth and value creation opportunities for the discerning investor.

Location Insight

City

Arlington

County

Tarrant

State

Texas

Longitude

-97.1053

Latitude

32.7394

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments