Log In/Sign Up
Your email has been sent.
24 Hour Fitness 1131 W Arbrook Blvd 51,637 SF Retail Building Arlington, TX 76015 For Sale
INVESTMENT HIGHLIGHTS
- The current 24 Hour Fitness is sitting at a significantly below market rent at $12 Rent PSF. Current Market rents are between $18-$22 Rent PSF.
- The zoning also allows for a Hotel and Convention Center.
- The Parks Mall at Arlington ranks as one of the most visited Malls in the country (7.9 Million visits per year).
- The 24-hour fitness sits on a large 5.7 AC and is zoned CC (Community Commercial), Which allows for most retail uses.
- The 24-hour fitness sits across from the Arlington Mall and many other tenants nearby, including Target, Macy’s, Costco, Lowe’s, Burlington, etc
EXECUTIVE SUMMARY
The 24-hour has 1.5 years of term left with rent bumps every 6 months till the end of the lease, allowing the new owner to either find a tenant to backfill the space or go through the process of Re-zoning the site for the desired use.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
51,637 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
5.73 AC
Frontage
393’ on W Arbrook Blvd
AMENITIES
- Dedicated Turn Lane
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06832628 | Improvements Assessment | $5,751,986 |
| Land Assessment | $1,498,014 | Total Assessment | $7,250,000 |
PROPERTY TAXES
Parcel Number
06832628
Land Assessment
$1,498,014
Improvements Assessment
$5,751,986
Total Assessment
$7,250,000
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
24 Hour Fitness | 1131 W Arbrook Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.