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915-943 W Pioneer Pky
Arlington, TX 76013
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months • Ownership Controls Pad
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS:
• Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months
• Ownership Controls Pad Sites
• Exceptional Frontage and Accessibility via Five (5) Access Points and Cross-Access with Neighboring Center
• Essential Neighborhood Center with Service Oriented Tenants
• Great Visibility | Combined Traffic Counts on Pioneer Pkwy and Cooper St Exceeding 61,670 Vehicles Per Day
• Major Employers in the Area Include: General Motors, Texas Health Resources, UT Arlington, Six Flags, The Parks Mall
• Surrounded by Residential with an Average Income of $90,897 within 5 Miles
• Strong Commercial Corridor I Area Retailers: Ross Dress, dd’s Discounts, Fiesta Mart, La Michoacana, Kroger, CVS, Dollar Tree, McDonald's, Krispy Kreme, O’Reilly Auto Parts, AutoZone
• Demographics Demonstrate Growing Hispanic Population
• Located One Mile South of the University of Texas at Arlington; Largest University in North Texas with Over 41,500 Students
• Stabilized with Upside in Leasing Vacancy and Pushing Rents I 20% Rollover in the next 24 months
• Ownership Controls Pad Sites
• Exceptional Frontage and Accessibility via Five (5) Access Points and Cross-Access with Neighboring Center
• Essential Neighborhood Center with Service Oriented Tenants
• Great Visibility | Combined Traffic Counts on Pioneer Pkwy and Cooper St Exceeding 61,670 Vehicles Per Day
• Major Employers in the Area Include: General Motors, Texas Health Resources, UT Arlington, Six Flags, The Parks Mall
• Surrounded by Residential with an Average Income of $90,897 within 5 Miles
• Strong Commercial Corridor I Area Retailers: Ross Dress, dd’s Discounts, Fiesta Mart, La Michoacana, Kroger, CVS, Dollar Tree, McDonald's, Krispy Kreme, O’Reilly Auto Parts, AutoZone
• Demographics Demonstrate Growing Hispanic Population
• Located One Mile South of the University of Texas at Arlington; Largest University in North Texas with Over 41,500 Students
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Size
40,214 sq ft
Costar Property Class
C
Year Built
1974
Price
£5,959,818
Price per sq ft
£148.20
Yield
7.43%
NOI
£442,814
Occupancy Rate
85%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.19
Total Plot Size
4.77 ac
Frontage
300 ft on W Pioneer Pky
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04632222 | Improvements Assessment | £854,085 |
| Land Assessment | £146,171 | Total Assessment | £1,000,256 |
PROPERTY TAXES
Parcel Number
04632222
Land Assessment
£146,171
Improvements Assessment
£854,085
Total Assessment
£1,000,256
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