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Arlington, TX - Airworth Aviation Consulting & Grainger
2251 E Division St | Arlington, TX 76011
Description
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, two-tenant investment property located in Arlington, Texas. The tenants, Grainger and Airworth Aviation Consulting, have over 7 years of WALT remaining with each lease featuring 2 (5-year) options to extend, demonstrating their commitment to the site. Both leases contain scheduled annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The leases are NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.
Location
- The subject property is located directly across from a General Motors Assembly Plant (6 million SF) which employs over 5,400 employees and produces over 1,350 vehicles per day for Chevrolet, GMC, and Cadillac
- Less than 2 miles from AT&T Stadium (80,000+ seats), the home of the Dallas Cowboys and Globe Life Field (40,300+ seats), home of the Texas Rangers
- The site is located just off of State Highway 360 which sees over 165,800 vehicles pass by daily
- The trade area features distribution centers for Domino’s, Home Depot, Lockheed Martin, as well as a Union Pacific Railyard
- Strong tenant synergy promotes crossover shopping to the subject property
Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215