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308-310 W Randol Mill Rd
Arlington, TX 76011
Randol Mill Plaza · Retail Property For Sale
Investment Highlights
- 100% leased neighborhood retail center generating consistent income.
- Month-to-month tenancy allows for immediate value add through lease restructuring.
- Over 295,000 residents within a 5-mile radius offering strong consumer base.
- Located less than one mile from AT&T Stadium and the Arlington Entertainment District.
- Infill location with 13,624 vehicles per day on W Randol Mill Road.
- Part of the high-growth Dallas–Fort Worth Metroplex, the 5th largest metro economy in the U.S.
Executive Summary
100% Occupied Neighborhood Retail Center in Arlington, TX
Exceptional Value Add Upside | Month-to-Month Tenancy Creating Immediate Value Add Opportunity Through Lease Restructuring to Long Term NNN Leases at Market Rates
Densely Populated Trade Area | Over 295,199 Residents Within a 5-Mile Radius
Premier Entertainment District Location | Situated Less Than One Mile from AT&T Stadium, Home of the Dallas Cowboys | One of the Highest-Traffic Entertainment Corridors in North Texas | Benefits from Year-Round Events Including NFL Games, Concerts & Marquee Sporting Events
Dominant DFW Submarket | Arlington is the 7th Largest City in Texas & Sits at the Core of the Dallas–Fort Worth Metroplex, One of the Fastest-Growing Metro Areas in the United States
Exceptional Value Add Upside | Month-to-Month Tenancy Creating Immediate Value Add Opportunity Through Lease Restructuring to Long Term NNN Leases at Market Rates
Densely Populated Trade Area | Over 295,199 Residents Within a 5-Mile Radius
Premier Entertainment District Location | Situated Less Than One Mile from AT&T Stadium, Home of the Dallas Cowboys | One of the Highest-Traffic Entertainment Corridors in North Texas | Benefits from Year-Round Events Including NFL Games, Concerts & Marquee Sporting Events
Dominant DFW Submarket | Arlington is the 7th Largest City in Texas & Sits at the Core of the Dallas–Fort Worth Metroplex, One of the Fastest-Growing Metro Areas in the United States
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,009 SF
Building Class
C
Year Built
1965
NOI
$22,179
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
10 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
123’ on W Randol Mill Rd
Amenities
- Dedicated Turn Lane
Property Taxes
| Parcel Numbers | Improvements Assessment | $163,645 | |
| Land Assessment | $84,856 | Total Assessment | $248,501 |
Property Taxes
Parcel Numbers
Land Assessment
$84,856
Improvements Assessment
$163,645
Total Assessment
$248,501
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