Retail Space / Texas / Arlington / 76016 / 4220 West Green Oaks Boulevard

4220 West Green Oaks Boulevard

Arlington, TX 76016

Listing ID: 237960

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For Sale

Property Type Retail for Sale : Other Retail
Lot Size Acres 2.050
Building Sq Ft 6,926
Land Sq Ft 89,297

4220 West Green Oaks Boulevard | for Sale | Thumbnail 2

4220 West Green Oaks Boulevard | for Sale | Thumbnail 3

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Description

Occupied since 2003 by Bank of America, the 2nd largest bank in the United States, with an A+ credit rating.
- Current term runs through October 2022, with two (2), 5-year extension options at fair market value (FMV).
- NOI in excess of $249,000 for 2020 & 2021
- High traffic location with a strong, loyal customer base, the Green Oaks branch comprises 30.30% of the deposit market share in the 76016 zip code.
- Ranks in the Top 5 for total branch deposits (Tarrant County Bank of America locations)
- Recently completed interior remodel, funded 100% by Tenant.
- This offering represents an opportunity for qualified investors to acquire a low maintenance, steady cash flowing asset, positioned in a submarket poised for steady growth over the next 5 years.

Listing Demographics for 4220 West Green Oaks Boulevard Arlington, TX 76016

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 Population		13,201	88,660	240,963
Population Median Age		40	39	37
Population by Age	0-9 Yrs	1375 (10%)	10303 (11%)	33193 (13%)
	10-19 Yrs	1890 (14%)	13218 (14%)	37194 (15%)
	20-29 Yrs	1526 (11%)	10133 (11%)	31247 (12%)
	30-39 Yrs	1587 (12%)	11272 (12%)	31237 (12%)
	40-49 Yrs	1913 (14%)	11791 (13%)	31106 (12%)
	50-59 Yrs	1864 (14%)	12237 (13%)	31254 (12%)
	60-69 Yrs	1792 (13%)	11447 (12%)	25156 (10%)
	70+ Yrs	1254 (9%)	8257 (9%)	20575 (8%)

Median HH Income		$86,045	$76,330	$62,962
Total Household Income	< 24K	330 (6%)	3145 (9%)	13820 (16%)
	25-49K	854 (18%)	6393 (20%)	18483 (22%)
	50-74K	823 (17%)	5965 (18%)	15508 (18%)
	75-99K	816 (17%)	4642 (14%)	10777 (13%)
	100-199K	1492 (31%)	8579 (27%)	18461 (22%)
	200K+	421 (8%)	2776 (8%)	5244 (6%)

Highest Education Level	No Diploma	425	5619	22035
	Diploma or GED	1843	13365	39221
	Some College	2156	14561	36963
	Assoc. Degree	842	4950	12058
	Bachelors Degree	2796	14390	30525
	Higher Degree	1139	7514	14895

Total Housing Units		4,983	33,255	88,939
--Owner-Occupied		3,614	22,830	53,479
--Renter-Occupied		1,123	8,669	28,813
Owner-Occupied Values	< 100K	241	2799	12021
	100-199K	1933	9293	21562
	200-299K	1124	6661	12817
	300-399K	195	2307	4362
	400-499K	54	696	1187
	500K+	68	1074	1530

Total Working Age Population		10,797	70,922	185,812
In Work Force		7,172	46,574	120,978
Not In Work Force		3,625	24,348	64,833
Workforce Employed		6,950	44,537	115,197
Workforce Unemployed		223	1,944	5,642
Civlian Workforce		7,172	46,481	120,839
Military Workforce		0	93	140

Total Households		4,737	31,499	82,292
Family Households		3,714	24,060	59,765
Non-Family Households		1,023	7,439	22,527
Married Couple		2,993	18,255	40,932
Other Family		721	5,805	18,833
Married w/Child		1,055	6,855	16,780
Single Male w/Child		94	771	2,233
Single Female w/Child		281	2,035	7,522

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Tarrant County	1,446,219	+25	1,809,034	+19	2,143,755	+17	2,507,170

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

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 Location & Map Views

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