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- LoopNet Team
1221 E Division St
Arlington, TX 76011
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 4.3 acres of land located in Arlington's Entertainment District, home to the Dallas Cowboy's AT&T Stadium and the Texas Ranger's new Globe Life Field.
- Excellent exposure with frontage on E Sanford St, AT&T Way, and E Division St which combines for a total of 23,527 vehicles driving by each day.
- 10-minute drive to University of Texas at Arlington and downtown with 160K people in a 3-mile radius combining for a total consumer spending of $1.2B.
- 10-minute walk to Texas Live! featuring Globe Life Field, live music, beer gardens, restaurants, nightlife, and hospitality accommodations at Loews.
- Easily accessible with a 5-minute drive to I-30, one of Texas' main arteries, and Hwy 360, which connects Arlington to the DFW International Airport.
- Endless possibilities for this redevelopment site with 2 access points on AT&T Way, all utilities to site, and paved driveways and parking lot.
PROPERTY FACTS
ABOUT 1221 E DIVISION ST , ARLINGTON, TX 76011
Sandwiched between Fort Worth and Dallas, Arlington is part of the massive DFW Metroplex. This thriving city is known as the "American Dream City" and the “Entertainment Capital of Texas,” and is a renowned entertainment hub that is home to multiple major league sports teams, amusement parks, convention centers, and a host of global, domestic, and family-owned businesses. From students to sports fans to foodies to families, there's something for everyone. This 4.29-acre lot is located in Arlington's Entertainment District, which is growing into a mixed-use, master-planned district featuring restaurants, apartment communities, hotels, event centers, stadiums, and outdoor spaces. Currently, the Entertainment District is home to the Dallas Cowboy's AT&T Stadium, Six Flags, the Texas Ranger's original Globe Life Park, and the brand-new Texas Live! which includes beer gardens, live music, restaurants, shopping, and the Texas Ranger's new Globe Life Field. Towards the end of 2019, the City of Arlington approved an $810-million expansion project for the Entertainment District. This expansion will include the $550-million, 888-room Loews Arlington Hotel connected to a new Arlington Convention Center, which will provide meeting and outdoor function space, a mixed-use residential building with retail, entertainment, and Spark’s coworking and incubator space, which is planned to help grow and support small businesses, and a large corporate office building and parking garage. This new mixed-use project alone is expected to generate approximately $1.8 billion in economic benefits for Arlington and Tarrant County. The property is a 10-minute walk to AT&T Stadium, Texas Live!, and the Globe Life Park, it is a developed lot with a 16,916 square-foot retail building, the lot includes two access points on AT&T Way, all utilities to site, and asphalt paved driveway and parking lot. The lot could easily be redeveloped into a hotel, apartment community, shopping center, brewery, or concert hall, the possibilities are endless. Don't miss out on this unique redevelopment opportunity in the heart of one of the fastest-growing entertainment districts in the nation.
PROPERTY TAXES
| Parcel Number | 00932019 | Improvements Assessment | $284,923 |
| Land Assessment | $1,216,033 | Total Assessment | $1,500,956 |
PROPERTY TAXES
