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2561 Matlock Rd
Arlington, TX 76015
TX- Health and Human Resources Commission · Office Property For Sale


Executive Summary
100% Leased by the State of Texas (AAA Credit Rating)
8.25% Cap Rate, $3,355,000
$92 per Gross SF (per CAD)
Annual CPI-Based Rental Increases Available
Lease Expiration Date December 31, 2028
Arlington, TX 2026 est. population 408,318
State Agency: Health and Human Services Commission (HHSC)
8.25% Cap Rate, $3,355,000
$92 per Gross SF (per CAD)
Annual CPI-Based Rental Increases Available
Lease Expiration Date December 31, 2028
Arlington, TX 2026 est. population 408,318
State Agency: Health and Human Services Commission (HHSC)
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
36,326 SF
Building Class
B
Year Built/Renovated
1984/2001
Price
$3,355,000
Price Per SF
$92.36
Cap Rate
8.25%
NOI
$276,788
Tenancy
Single
Building Height
1 Story
Typical Floor Size
36,326 SF
Building FAR
0.32
Lot Size
2.62 AC
Zoning
O, Arlington
Parking
162 Spaces (5.01 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,597,832 | |
| Land Assessment | $457,207 | Total Assessment | $4,055,039 |
Property Taxes
Parcel Numbers
Land Assessment
$457,207
Improvements Assessment
$3,597,832
Total Assessment
$4,055,039
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