Office Space
1625 Pecan Park Drive Arlington, TX 76012
Details & Description
Price: $825,147
    For Sale Investment Office-Medical Building with a 10 Year Master Lease for 2813 leasable sq ft1625 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.
    Additional Photos
    Listing Agents
    Durban Rohrbach

    durban.rohrbach@svn.com
    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.

    1625 Pecan Park Drive

    Arlington, TX 76012

    Listing ID: 187001
    • 1625 Pecan Park Drive Arlington, TX 76012 | for Sale | Photo 1
    • 1625 Pecan Park Drive Arlington, TX 76012 | for Sale | Photo 2
    • 1625 Pecan Park Drive Arlington, TX 76012 | for Sale | Photo 3
    • 1625 Pecan Park Drive Arlington, TX 76012 | for Sale | Photo 4
    • 1625 Pecan Park Drive Arlington, TX 76012 | for Sale | Photo 5
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    Building Size: 2,813 SF
    Lot Size: 0.356 AC
    Land Size: 15,498 SF
    Building $/SF: $293.33
    Land $/SF: $53.24
    Price
    $825,147
    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.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Arlington History of Office Space for Sale

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    Arlington Area Market Trends

    Listing Demographics for 1625 Pecan Park Drive Arlington, TX 76012

    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 3-Miles 5-Miles
    Total Population13,351101,002272,738
    Population Median Age393635
    Population by Age0-9 Yrs1955 (14%)12699 (12%)39788 (14%)
    10-19 Yrs1689 (12%)13583 (13%)37481 (13%)
    20-29 Yrs1749 (13%)19037 (18%)46140 (16%)
    30-39 Yrs1568 (11%)13721 (13%)38891 (14%)
    40-49 Yrs1597 (11%)12430 (12%)34999 (12%)
    50-59 Yrs1681 (12%)11586 (11%)32457 (11%)
    60-69 Yrs1351 (10%)8961 (8%)23737 (8%)
    70+ Yrs1760 (13%)8986 (8%)19246 (7%)
    Median HH Income$51,931$47,655$50,022
    Total Household Income< 24K1293 (25%)10567 (26%)23409 (23%)
    25-49K1154 (22%)9921 (25%)26733 (26%)
    50-74K1077 (21%)7128 (18%)19860 (19%)
    75-99K474 (9%)4057 (10%)10891 (10%)
    100-199K938 (18%)6197 (15%)15742 (15%)
    200K+145 (2%)1591 (4%)3690 (3%)
    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

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    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.

    Common Questions and Answers

    What is the asking price for 1625 Pecan Park Drive in Arlington?
    The asking price for 1625 Pecan Park Drive is $825,147
    What is the building size of this Office property in Arlington, TX?
    The size of the building/unit at 1625 Pecan Park Drive in Arlington is 2,813 square feet
    How much land does the Arlington, TX property at 1625 Pecan Park Drive include?
    1625 Pecan Park Drive in Arlington includes 0.356 acres of land
    What is the population within 1 mile of 1625 Pecan Park Drive in Arlington?
    The population within 1 mile of 1625 Pecan Park Drive Arlington, TX 76012 is 13,351 people.
    Who do I contact for questions about 1625 Pecan Park Drive?
    You should contact the listing agent, Durban Rohrbach, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Fort Worth International Airport (DFW) 12
    Dallas Love Field (DAL) 18
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 116