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 | |
Updated | February 20th, 2018 |
Type | Retail |
Price | $1,000,000 |
Building | 16,940 Sq. Ft. |
Land | 2 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