Retail Space
3110 Meadowbrook Boulevard Arlington, TX 76012
Details & Description
Price: $2,000,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, personally guaranteed, freestanding, Kwik Kar Tune and Lube investment property located in Arlington, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.The subject property is strategically located near the signalized, hard corner intersection of Meadowbrook Boulevard and Randol Mill Road, averaging a combined 27,400 vehicles passing by daily. The property is equipped with a large pylon sign, creating excellent visibility along both cross-streets. The site benefits from nearby direct on/off ramp access to Interstate 30 (141,800 VPD), a major east/west commuter thoroughfare traveling through Arlington and into the heart of Downtown Fort Worth. In addition, the asset is within close proximity to Walmart Supercenter, Lowe’s Home Improvement, and Sam’s Club, three premium, big-box tenants that increase consumer draw to the immediate trade area and promote crossover store exposure for the site. Other nearby national/credit tenants include The Home Depot, Target, Ross Dress for Less, Dollar Tree, Michaels, CVS Pharmacy, and more, further increasing consumer traffic to the immediate area. Additionally, the asset is positioned just over 4 miles west of AT&T Stadium (80,000 seats), one of the most recognizable stadiums in all of sports, hosting the Dallas Cowboys since 2009. Moreover, the property is surrounded by several apartment complexes including Horizons at Sunridge (272 units), Tides on Randol East (356 units), and Rocco (312 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by nearly 248,000 residents and 108,000 daytime employees. Residents within 1 mile of the subject property feature an average household income of $82,000.
    Listing Agents
    Matthew Mousavi

    O: 949-698-1116
    M: 714-404-8849
    matthew.mousavi@srsre.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.

    3110 Meadowbrook Boulevard

    Arlington, TX 76012

    Arlington TX - Kwik Kar Tune Lube

    Listing ID: 255351
    • 3110 Meadowbrook Boulevard Arlington, TX 76012 | for Sale | Photo 1
    • 3110 Meadowbrook Boulevard Arlington, TX 76012 | for Sale | Photo 2
    • 3110 Meadowbrook Boulevard Arlington, TX 76012 | for Sale | Photo 3
    3110 Meadowbrook Boulevard | for Sale | Thumbnail 1
    3110 Meadowbrook Boulevard | for Sale | Thumbnail 2
    3110 Meadowbrook Boulevard | for Sale | Thumbnail 3
    Building Size: 4,088 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $489.24
    Land $/SF:
    Price
    $2,000,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, personally guaranteed, freestanding, Kwik Kar Tune and Lube investment property located in Arlington, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

    The subject property is strategically located near the signalized, hard corner intersection of Meadowbrook Boulevard and Randol Mill Road, averaging a combined 27,400 vehicles passing by daily. The property is equipped with a large pylon sign, creating excellent visibility along both cross-streets. The site benefits from nearby direct on/off ramp access to Interstate 30 (141,800 VPD), a major east/west commuter thoroughfare traveling through Arlington and into the heart of Downtown Fort Worth. In addition, the asset is within close proximity to Walmart Supercenter, Lowe’s Home Improvement, and Sam’s Club, three premium, big-box tenants that increase consumer draw to the immediate trade area and promote crossover store exposure for the site. Other nearby national/credit tenants include The Home Depot, Target, Ross Dress for Less, Dollar Tree, Michaels, CVS Pharmacy, and more, further increasing consumer traffic to the immediate area. Additionally, the asset is positioned just over 4 miles west of AT&T Stadium (80,000 seats), one of the most recognizable stadiums in all of sports, hosting the Dallas Cowboys since 2009. Moreover, the property is surrounded by several apartment complexes including Horizons at Sunridge (272 units), Tides on Randol East (356 units), and Rocco (312 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by nearly 248,000 residents and 108,000 daytime employees. Residents within 1 mile of the subject property feature an average household income of $82,000.

    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 Retail Space for Sale

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    Arlington Area Market Trends

    Listing Demographics for 3110 Meadowbrook Boulevard 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 Population9,01779,936252,542
    Population Median Age413836
    Population by Age0-9 Yrs928 (10%)9441 (11%)34624 (13%)
    10-19 Yrs1012 (11%)10782 (13%)33029 (13%)
    20-29 Yrs1235 (13%)11758 (14%)41461 (16%)
    30-39 Yrs1192 (13%)10365 (12%)36454 (14%)
    40-49 Yrs1312 (14%)10979 (13%)32203 (12%)
    50-59 Yrs1132 (12%)10433 (13%)30501 (12%)
    60-69 Yrs1300 (14%)8330 (10%)24060 (9%)
    70+ Yrs908 (10%)7848 (9%)20208 (8%)
    Median HH Income$60,929$60,013$53,439
    Total Household Income< 24K620 (16%)5938 (19%)19866 (20%)
    25-49K1095 (28%)7366 (23%)24834 (26%)
    50-74K529 (13%)5224 (16%)17979 (18%)
    75-99K463 (12%)3866 (12%)11174 (11%)
    100-199K826 (21%)6664 (21%)16732 (17%)
    200K+270 (7%)1808 (5%)4464 (4%)
    Highest Education LevelNo Diploma507531022941
    Diploma or GED12571207239703
    Some College19191378741110
    Assoc. Degree566414212471
    Bachelors Degree13631252233136
    Higher Degree910647816255
    Total Housing Units4,56934,015105,891
    --Owner-Occupied1,87716,83646,104
    --Renter-Occupied1,92614,02948,944
    Owner-Occupied Values< 100K21523018762
    100-199K693733120304
    200-299K595512511700
    300-399K20312743146
    400-499K1325421259
    500K+37262932
    Total Working Age Population7,46063,872198,273
    In Work Force5,08542,835134,147
    Not In Work Force2,37521,03664,126
    Workforce Employed4,82240,738127,333
    Workforce Unemployed2622,0846,741
    Civlian Workforce5,08542,822134,073
    Military Workforce01373
    Total Households3,80330,86595,048
    Family Households2,28719,33459,332
    Non-Family Households1,51611,53135,716
    Married Couple1,64412,83437,760
    Other Family6436,50021,572
    Married w/Child5454,83515,699
    Single Male w/Child137082,821
    Single Female w/Child3022,7669,019

    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

    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.

    Common Questions and Answers

    What is the asking price for 3110 Meadowbrook Boulevard in Arlington?
    The asking price for 3110 Meadowbrook Boulevard is $2,000,000
    What is the building size of this Retail property in Arlington, TX?
    The size of the building/unit at 3110 Meadowbrook Boulevard in Arlington is 4,088 square feet
    What kind of Retail is the propery at 3110 Meadowbrook Boulevard?
    The property at 3110 Meadowbrook Boulevard Arlington, TX 76012 is listed as a Vehicle Sales/Service Retail property
    What is the population within 1 mile of 3110 Meadowbrook Boulevard in Arlington?
    The population within 1 mile of 3110 Meadowbrook Boulevard Arlington, TX 76012 is 9,017 people.
    Who do I contact for questions about 3110 Meadowbrook Boulevard?
    You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Fort Worth International Airport (DFW) 12
    Dallas Love Field (DAL) 19
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 115