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720 W Nathan Lowe Rd 5,670 SF Office Building Arlington, TX 76017 $1,100,000 ($194.00/SF)
INVESTMENT 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.
EXECUTIVE SUMMARY
Building was hit by copper thieves who stole the wiring and breakers inside and out and removed the copper portion of the plumbing inside. They also stripped most of the AC units. 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. 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.
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
5,670 SF
Building Class
B
Year Built
2008
Price
$1,100,000
Price Per SF
$194.00
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,670 SF
Building FAR
0.17
Lot Size
0.77 AC
Zoning
CC - CC - Community Commercial
Parking
28 Spaces (4.94 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 41367537 | Improvements Assessment | $229,714 |
| Land Assessment | $200,286 | Total Assessment | $430,000 |
PROPERTY TAXES
Parcel Number
41367537
Land Assessment
$200,286
Improvements Assessment
$229,714
Total Assessment
$430,000
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720 W Nathan Lowe Rd
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