809 West Randol Mill Road - 809 W Randol Mill Rd, Arlington, TX 76012
For Sale
For Sale
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Total Building Size
13,444 RSF
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Overview
Offered for sale is a 13,444 SF single-tenant medical office building directly across the street from Texas Health Arlington Memorial Hospital on over 1 acre with an attractive 6:1,000 SF parking ratio. The tenant pays rent of $227,494 per year ($17.00/SF) plus expenses. The tenant is also required to contribute $36,000/yr into a sinking fund which the landlord may invoice against for the landlord's repairs & maintenance responsibilities under the lease, including: partial HVAC; partial water heaters; electrical wiring in exterior walls; roof; foundation; underground plumbing; parking lot; structural soundness of exterior walls.
Property Details
Offered for sale is a 13,444 SF single-tenant medical office building directly across the street from Texas Health Arlington Memorial Hospital on over 1 acre with an attractive 6:1,000 SF parking ratio. The tenant pays rent of $227,494 per year ($17.00/SF) plus expenses. The tenant is also required to contribute $36,000/yr into a sinking fund which the landlord may invoice against for the landlord's repairs & maintenance responsibilities under the lease, including: partial HVAC; partial water heaters; electrical wiring in exterior walls; roof; foundation; underground plumbing; parking lot; structural soundness of exterior walls.
- Property TypeOffice
- Submarket
- Sale Price$2,400,000
- Total Building Size13,444RSF
- Total Acres1.08
- Property ID2003083