720 W Nathan Lowe Rd - Medical FOR SALE


Arlington, TX 76017- South Arlington
$1,100,000 USD
817-721-6009
720 W Nathan Lowe Rd, Arlington, TX for Sale
$1,100,000 USD
Medical - FOR SALE
1/36
null | Request Cap Rate

720 W Nathan Lowe Rd
Arlington, TX 76017
South Arlington


HIGHLIGHTS

  • 28 parking spaces - 4.94/1000 exceeds medical office requirement for Arlington
  • 5,670 sf - Contiguous as one space - originally designed as divisible into two spaces 2,573 sf and 3,097 sf.

OVERVIEW

Building was hit by copper thieves who stole the wiring and breakers inside and out. They also stripped most of the AC units. When the AC was stripped, the panels were left off and some rain got in. As a precaution, flooring was taken up and the bottom of the sheetrock was removed by a flood restoration company. The price has been adjusted to reflect the needed repairs, but will consider offers. Can restore to lease to regional or better credit tenant, but not for local credit. Plumbing is fine in all 5 restrooms. None of the interior walls are structural. It makes more sense to sell it as is and let a buyer customize than to restore to a floor plan that will likely need to be changed regardless. Easily divisible into two suites and very flexible as no walls are structural and space has 4 exterior doors and 5 restrooms.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

CC

APN/PARCEL ID

41367537

ASK ABOUT THIS PROPERTY

Brian ScottLandmark CommercialMore Info
817-721-6009

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Brian ScottLandmark CommercialMore Info
817-721-6009

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