2251 E Division St - Distribution FOR SALE


Arlington, TX 76011
$7,271,000 USD
480-221-4221
2251 E Division St, Arlington, TX for Sale
$7,271,000 USD
Distribution - FOR SALE
1/7
null | 6% Cap Rate

2251 E Division St
Arlington, TX 76011


HIGHLIGHTS

  • 7+ Years of WALT Remaining | Options To Extend | Scheduled Rental Increases
  • NN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
  • General Motors Assembly Plant | AT&T Stadium | Globe Life Field | State Highway 360 | Distribution Hub
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, two-tenant investment property located in Arlington, Texas. The tenants, Grainger and Airworth Aviation Consulting, have over 7 years of WALT remaining with each lease featuring 2 (5-year) options to extend, demonstrating their commitment to the site. Both leases contain scheduled annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The leases are NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$7,271,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Airworth Aviation Consulting & Grainger

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

6

DRIVE INS

1

PARKING SPACES

52

LAND DETAILS

LAND ACRES

2.8

LAND SF

121,968

ZONING

EDO-IM

APN/PARCEL ID

04632168

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.