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    OFF-MARKET
    Banks

    745 Lamar Blvd, Arlington, TX 76012

    873 SF 0.69 ac lot Built 1982
    Trust Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-0488512
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a former Chase Bank drive-thru location in North Arlington, ideally situated on the northeast quadrant of the intersection of I-30 and Cooper Street. The property boasts a substantial 30,056 square foot lot (0.69 acres), providing ample space for redevelopment or repurposing. The existing building offers 873 square feet of gross leasable area (GLA), currently vacant and ready for immediate occupancy. This infill location benefits from exceptional visibility and accessibility due to its strategic placement at a major intersection with high daily traffic volume. The property's single-tenant configuration offers flexibility for a variety of retail uses. A significant advantage is the inclusion of a first right of refusal (ROFR) to purchase an additional +/- 70,210 square feet within the adjacent shopping center, presenting a potential for expansion or synergistic development. This presents a rare chance to acquire a well-positioned retail property in a thriving area with significant growth potential. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a high-visibility presence in a densely populated area. The existing building's drive-thru capability is a valuable asset for businesses requiring this feature. This is a turnkey opportunity to capitalize on a prime location in a rapidly growing market.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1982
    Total area 873 SF
    Lot 0.69 ac (30,056 SF)
    APN 16305-8R-5
    UPID US83-0488512
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Silverman,bonnie 2007 Trust · 14 yrs held
    Silverman,bonnie 2007 Trust
    since 2012
    2 recorded transactions
    2012
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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