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Property profile & analytics
FOR LEASE
Strip malls

8021 Matlock Rd Arlington, TX 76002

18,775 SF 2.16 ac lot Built 2006
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-4204254
Property summary
AI-generated overview

This exceptional Arlington, TX retail property, located at 8021 Matlock Road, zip code 76002, presents a compelling leasing opportunity. The 18,536 square foot Class B strip center boasts a total of ten suites, with 1,248 square feet currently vacant. Units range from a minimum divisible space of 1,082 square feet to a maximum contiguous space of 3,918 square feet, offering flexibility for various business needs. The property sits on a 2.12-acre lot and provides ample parking with 126 spaces, ensuring convenient access for customers and employees. Its location within the Arlington submarket offers high visibility and strong foot traffic, contributing to a prime retail environment. The building's modern architecture and well-maintained condition create an attractive setting for businesses seeking a thriving location. This property is ideal for retailers looking to establish or expand their presence in a dynamic and prosperous area, benefiting from a robust local economy and a strong demographic base. The customizable interior layouts allow for tailored spaces to meet specific business requirements. Don't miss this chance to secure a prominent retail space in a highly desirable Arlington location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 18,775 SF
Lot 2.16 ac (94,002 SF)
APN 7174-13-1B
UPID US83-4204254
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
Current use
Occupant on record · Public records
  • Three Star Dental Dental Office
  • Famous Cuts & Styles Hair Salon
  • Star Donuts Bakery Discount Store
  • Soon Tailor (Bike/Boat/Book/etc) Store
  • Smokey's Paradise 5 - Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$997k
Blend (final) Blend
$820k
Owner & transaction history
Keith A Hoogland LP · 12 yrs held
Keith A Hoogland LP
since 2014
6 recorded transactions
2014
Price N/A
2012
Price N/A
2012
$1.1M
2005
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +65.3%
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More about this property
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