Property Listing No Longer Available for Sale

1108-1128 W Division St, Arlington, TX

Retail for Sale - $1,000,000 - 16,940 Sq. Ft. on 2 acres


Property Info

CIMLS#964409
Location
  1108-1128 W Division St
  Arlington TX 76012
UpdatedFebruary 20th, 2018
TypeRetail
Price$1,000,000
Building16,940 Sq. Ft.
Land2 acres

Property Description

Subject property has four buildings on 2 acres. Building one is a free standing Advance Auto Parts with frontage on Division street, which was acquired from Car Quest that resided at this retail location in 1999. Lease ends in 2020 with one 5-year renewal. The second Tenant is occupying two Industrial buildings totaling 7951 SF with one building being 50% HVAC, along with a third Tenant renting the office building. Currently all Tenants are paying below market rent creating a substantial upside for an investor.

Location Description:

Located in the heart of Arlington just east of Davis on W Division St. Advance Auto Parts is the anchor tenant with three additional free standing buildings on a 2 acre site.

Highlights:

>> Long Term Tenants in place

>> Located on a major thoroughfare just north of UT Arlington

>> Considerable upside in rents

>> 2 Acres with (Possible expansion room)

>> Anchor Tenant is Advance Auto Parts


Financials


Similar Listings