1625 Pecan Park Drive

Arlington, TX 76012

Listing ID: 187001
$825,147
For Sale
  • Lot Size Acres 0.356
  • Building Sq Ft 2,813
  • Building Price per Sq Ft $293.33
  • Land Sq Ft 15,498
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Description

For Sale Investment Office-Medical Building with a 10 Year Master Lease for 2813 leasable sq ft

1625 Pecan Park Dr. (76012) is one of four medical - office investment properties in this portfolio with a brand new 10-year master lease offer (1.25% increase structured into the lease annually). This single-tenant asset is in a growing submarket of North Arlington and with Interstate-30 nearby, this property has easy access for any patient. The occupied leasable space is 2,813 SF. This property sits on a 0.3558 AC lot and has a parking ratio of 6 spots per leasable 1,000 SF.

Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population13,351101,002272,738
Population Median Age393635
Population by Age0-9 Yrs19551269939788
10-19 Yrs16891358337481
20-29 Yrs17491903746140
30-39 Yrs15681372138891
40-49 Yrs15971243034999
50-59 Yrs16811158632457
60-69 Yrs1351896123737
70+ Yrs1760898619246
Median HH Income$51,931$47,655$50,022
Total Household Income< 24K12931056723409
25-49K1154992126733
50-74K1077712819860
75-99K474405710891
100-199K938619715742
200K+14515913690
Highest Education LevelNo Diploma1320885430318
Diploma or GED18681388442654
Some College22441705041547
Assoc. Degree785438311922
Bachelors Degree15781382331359
Higher Degree1071708815387
Total Housing Units5,62743,781111,608
--Owner-Occupied2,41816,71845,283
--Renter-Occupied2,66322,74255,041
Owner-Occupied Values< 100K481334611996
100-199K1450753220773
200-299K41741088380
300-399K3310202175
400-499K204981146
500K+17215812
Total Working Age Population10,46180,907210,996
In Work Force6,32453,606143,375
Not In Work Force4,13627,30167,620
Workforce Employed6,05250,459135,064
Workforce Unemployed2723,1098,215
Civlian Workforce6,32453,568143,280
Military Workforce13896
Total Households5,08139,460100,324
Family Households3,27523,12962,379
Non-Family Households1,80616,33137,945
Married Couple1,98314,42239,640
Other Family1,2928,70722,739
Married w/Child7335,75017,270
Single Male w/Child1621,1382,991
Single Female w/Child5984,01710,218

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Tarrant County1,446,219+251,809,034+192,143,755+172,507,170

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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Durban Rohrbach

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