Posted in Retail on September 25, 2014

Retail Arlington Restaurant Lease; 1001 W. Arbrook Blvd. Suite 101; 6,000 SF Available

The Village at the Highlands Restaurant

 

 

 

Location:                      1001 W. Arbrook Blvd., Suite 101, Arlington, TX 76015

 

County:                       Tarrant

 

Zoned:                        Community Service

 

Total Buildling Area:       Approximately 97,000 SF

 

Bay Depth:                   Approximately 75 feet

 

Restaurant Space:         6,000 SF

 

Lease Rate:                  Starting at $20.00/SF

 

Triple Nets:                  Estimated at:      $5.00/SF

 

Cam:                 $2.25/SF

 

Tax:                  $2.50/SF

 

Ins.:                  $0.25/SF

 

Term:                         Five (5) years

 

Anchor:                       Academy Sports + Outdoors

 

Other Tenants:              Quest Diagnostics, Firehouse Subs

 

Comments:                  Leased “As-Is”, 2,000-Gallon Grease Trap, Fully-Equipped (Has all Furniture, Fixtures & Equipment), End-Cap, Possible Outdoor Patio Area

 

 

 

The Parks at Arlington Mall:

 

    • 1.5 million SF of retail anchored by Macy’s, Dillard’s, AMC, Nordstrom Rack and others

 

    • Ranks among the top malls in DFW with annual sales of $420/SF and has over 27 million vistors/yr

 

    • Over 6,000,000 SF of retail within a 1-mile radius

 

 

 

 

Demographics:

 

1 Mile

 

3 Miles

 

5 Miles

 

Pop. Estimate (2013)

 

11,593

 

128,028

 

338,618

 

Pop. Growth (2013-2018)

 

1.1%

 

1.1%

 

1.1%

 

Ave. Family Income (2013)

 

$54,051

 

$63,565

 

$66,688

 

 

 

 

Traffic Counts:

 

 

 

Arbrook Blvd. (West of Matlock Rd.)

 

23,212 vpd

 

Matlock Rd. (North of Interstate 20)

 

50,540 vpd

 

Interstate 20 at Matlock Rd.

 

181,000 vpd

 

 

Source: City of Arlington (2013), TxDOT (2012)

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