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Availability Details

Industrial Property for Sale - Arlington, Texas ID: 7399984446

For Sale
Industrial Property for Sale - 400 N Bowen Rd, Arlington, Texas, 76012 (1)Industrial Property for Sale - 400 N Bowen Rd, Arlington, Texas, 76012 (2)
  • 37,680 SFAvailable Space
  • 1.530 AcresLand Size Acres
  • 66,647 SFLand Size SF
  • 1,884 SFOffice Size
  • 12'/12'Clear HT. (min/max)

Available Comments

Whole-property investment offering. Create PROPERTY ONLY per user instruction because property was not found; do not create availability. OM: year built 1983; net rentable area 37,680 SF; 1.53 acres; APN 4976754; LI - Light Industrial zoning; 84.3% leased, 5,900 SF vacant across five suites. Approx. 5% office / 95% warehouse (1,884 SF office inferred from percentage). 12 ft clear; 29 grade-level and 4 dock-high doors, 10 x 10 ft; 76 surface parking spaces, ratio 2.02/1,000 SF. Tilt-wall exterior, concrete slab, 60 ft bay depth; TPO 60 mil roof installed 2017-2018; no sprinklers. Access from N Bowen Rd and Dixon Ln. Water/sewer City of Arlington; gas Atmos Energy; electricity and fiber/telephone various. Sale asking $5,000,000 ($132.70/SF), in-place cap 7.0%, NOI $349,061; Year-5 projections 12.4% cap and $618,555 NOI. In-place rent $11.73/SF NNN; underwriting market rent $15.50/SF NNN is an assumption, not a quoted lease asking rate. Listing broker Ty Underwood, SLJ Company, existing contact 260338996/company 187872495; phone 214.520.8818 ext. 4; tyunderwood@sljcompany.com. Flyer to be attached to property; no availability attachment since no availability is to be created.

Bowen Business Park 400 N Bowen Rd, Arlington, TX, 76012

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Site Details

  • Zoning: LI

Building Details

  • Ceiling Height (min-max): 12' - 12'
  • Construction Status: Existing
  • Primary Use: Industrial
  • Unit Mix

    Parking

    • Parking Spaces: 76
    • Uncovered Spaces: 76
    • Comments: 76

    Loading & Doors

    • Doors
      • Ground Level
        • Total: 29
        • Dimensions (W x H): 10' x 10'
      • Truck Level
        • Total: 4
        • Dimensions (W x H): 10' x 10'

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