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7301-7401 Matlock Road
Arlington, TX 76002
Matlock Plaza · Retail Property For Sale
Investment Highlights
- Strong Tenant Retention – Matlock Plaza Has Retained an Impressive 37.21% of Its Rent Roll for 4+ Years, 22.76% for 7+ Years, and 11.38% for 9+ Years
- The Average Suite Size in Matlock Plaza Is Only 1,570 SF, Which Is Among the Most Replaceable Suite Sizes in the Market.
- Priced Below Replacement Cost – At $232/SF, the Center Is Priced Well-Below Replacement Cost.
- Property Benefits From The NNN/Gross, Allowing an Investor the Ability to Replace Gross Leases With NNN Structures, Significantly Increasing Revenues
- With 68% of the Center’s Occupancy in Place Until 2028, an Investor Will Have Ample Time for Potential Replacement While Enjoying Stable Cash-Flow.
Property Facts
Property Type
Retail
Property Subtype
Building Size
21,975 SF
Building Class
C
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.63 AC
Property Taxes
| Parcel Number | 41342895 | Improvements Assessment | $1,303,086 |
| Land Assessment | $327,000 | Total Assessment | $1,630,086 |
Property Taxes
Parcel Number
41342895
Land Assessment
$327,000
Improvements Assessment
$1,303,086
Total Assessment
$1,630,086
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