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409 Central Park Drive

Off-Market

409 Central Park Drive, Arlington, TX 76014

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  • Property Type Office - Medical Office
  • Property Size 26,467 SF
  • Lot Size 3.78 Acre
  • Parking Spaces Avail. 121
  • Parking Ratio 4.60/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2006

Location

  • Walk Score ® Car-Dependent (37)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Arlington, TX
  • Neighborhood Park Side Place
  • Zip Code 76014
  • Market Dallas Fort Worth

Points of Interest

Bell

8.01 miles

CentrePort/DFW Airport

9.07 miles

Richland Hills

9.76 miles

Costco Gasoline

0.80 miles

Valero

1.04 miles

Chevron

1.13 miles

RaceTrac

1.25 miles

7-Eleven

1.26 miles

Shell

1.27 miles

Exxon

1.47 miles

RaceWay

1.64 miles

Homewood Suites

1.71 miles

Shell

1.78 miles

UTA Parking

1.94 miles

UTA Parking

1.95 miles

UTA Parking

2.04 miles

UTA Parking

2.13 miles

Kalpana Chawla Residents Parking Lot

2.25 miles

Commuter Parking Lot

2.29 miles

Kalpana Chawla Residents Parking Lot

2.34 miles

Maverick Parking Garage

2.38 miles

Park South

2.54 miles

Park Central

2.60 miles

Quality Inn

1.06 miles

Courtyard Dallas Arlington South

1.07 miles

Residence Inn Dallas Arlington South

1.13 miles

La Quinta Inn & Suites Dallas Arlington South

1.34 miles

Fairfield Inn & Suites Dallas Arlington South

1.75 miles

Homewood Suites

1.82 miles

Super 8 by Wyndham Arlington East

2.06 miles

Parkway Inn

2.06 miles

Microtel Inn & Suites by Wyndham Arlington/Dallas Area

2.45 miles

Days Inn

3.78 miles

Tiba Grill

0.41 miles

Burger Box

0.77 miles

Jimmy John's

0.85 miles

Waffle House

0.89 miles

McAlister's Deli

0.94 miles

McDonald's

0.94 miles

Potbelly

0.95 miles

Gloria's

0.96 miles

Kincaid's Hamburgers

0.98 miles

Wendy's

0.99 miles

Burgin Elementary School

0.30 miles

Morton Elementary School

0.38 miles

McNutt Elementary School

0.73 miles

Workman Junior High School

0.95 miles

Amos Elementary School

1.07 miles

Foster Elementary School

1.09 miles

Goodman Elementary School

1.35 miles

Gunn Junior High School

1.38 miles

South Davis Elementary School

1.41 miles

Blanton Elementary School

1.48 miles

KidsPark

0.99 miles

Bowen Road Day School

3.33 miles

The Children's Courtyard

4.08 miles

The Toddler's Den Early Learning Center

6.89 miles

Linda-Kay Child Development Center

9.63 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Arlington

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Arlington Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.84
  • 2020 Office Vacancy Rate 12.04%
  • 2020 Office Completions (SF)
View more Arlington market trends

Tax

  • Property Tax in 2021 $145,595
  • Market Value* $5,678,000
  • Assessed Value $5,678,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 409 Central Park Drive?

409 Central Park Drive totals 26,467 square feet.

When was this property built?

409 Central Park Drive was built in 2006.

What is the property tax for 409 Central Park Drive?

The property tax for 409 Central Park Drive in 2021 was $145,595.

What is the market value for 409 Central Park Drive?

The market value* for 409 Central Park Drive in 2021 was $5,678,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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