4110 Collins St Arlington, TX 76005-4547
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.
-
MyEyeDr. Eye Care Center Contact Lenses Supplier
-
Gayle Karanges, OD Ophthalmologist (Bike/Boat/Book/etc) Store
-
Vanessa Nguyen, OD Ophthalmologist (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.