4110 Collins St, Arlington, TX 76005-4547
- Medical Office Space
- 3,756 SF
- 0.51 lot acres
Current Use by Public Records
- MyEyeDr. / Contact Lenses Supplier / Eye Care Center
- Gayle Karanges, OD / Ophthalmologist / (Bike/Boat/Book/etc) Store
- Vanessa Nguyen, OD / Ophthalmologist / (Bike/Boat/Book/etc) Store
Property Details for 4110 Collins St
- Year built
- 2018
- Lot size
- 0.51 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 44730F--6
- APU
- 44730F6
Description
This exceptional 3,800 square foot medical office building, constructed in 2018, is situated on a 0.515-acre lot at 4110 N Collins St, Euless, TX 76040, within the thriving Viridian development in Tarrant County. Currently 100% occupied with a gross lease, the property boasts a strong net operating income (NOI) of $85,724, yielding a 6.00% cap rate. The asking price is $1,430,000. Located in a synergistic medical strip, this property offers a lower rent per square foot compared to nearby medical properties, presenting a significant upside potential. The area benefits from a substantial population surge (16% annually since 2010 within a one-mile radius) and high traffic counts (over 21,000 vehicles per day on North Collins Street). The Viridian development has added $1.9 billion to Arlington's property tax base since its inception in 2011. Its convenient location, less than 10 miles from DFW International Airport, further enhances its appeal. This is a prime investment opportunity in a high-growth submarket within the 3rd highest income zip code in North Texas.
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Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0991
- Latitude
- 32.8019
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
