Cordovan Park

Off-Market

5840 West Interstate 20, Arlington, TX 76017

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 78,520 SF
  • Lot Size 4.59 Acre
  • Parking Spaces Avail. 274
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 11 Jun, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2022 Avg. Asking Rent $22.67
  • 2022 Office Vacancy Rate 16.36%
  • 2022 Office Completions (SF)

Arlington Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $151.46
  • Y-o-Y Avg. PpSF Change -0.54%
  • 2022 Office Sales Volume $51M
  • 2022 Number of Transactions 4
View more Arlington market trends

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Arlington, TX
  • Neighborhood Overland West
  • Zip Code 76017
  • Market Dallas Fort Worth

Points of Interest

  • Richland Hills

    8.93 miles

  • Fort Worth T&P

    9.12 miles

  • Fort Worth Central

    9.35 miles

  • Bell

    9.47 miles

  • Shell

    0.38 miles

  • QuikTrip

    0.44 miles

  • Exxon

    1.20 miles

  • Mr.T's

    1.32 miles

  • Valero

    1.32 miles

  • Kroger

    1.87 miles

  • Valero

    1.94 miles

  • Shell

    1.99 miles

  • E-Z Mart

    2.04 miles

  • 7-Eleven

    2.45 miles

  • Marti Van Ravenswaay Parking

    1.37 miles

  • Marti Van Ravenswaay Parking Lot

    1.47 miles

  • Lake Arlington Parking

    2.72 miles

  • Visitor Parking

    4.82 miles

  • UTA Parking

    6.07 miles

  • Maverick Parking Garage

    6.36 miles

  • Commuter Parking Lot

    6.36 miles

  • Kalpana Chawla Residents Parking Lot

    6.39 miles

  • Park South

    6.64 miles

  • Park Central

    6.67 miles

  • Knights Inn Fort Worth

    2.71 miles

  • Great Western Inn

    2.74 miles

  • Great Western Inn Motel

    3.16 miles

  • Super 8 by Wyndham Arlington East

    3.38 miles

  • Microtel Inn & Suites by Wyndham Arlington/Dallas Area

    3.60 miles

  • Sunset Motel

    3.94 miles

  • Holiday Inn Express & Suites Forest Hill - Ft. Worth SE

    4.14 miles

  • La Quinta Inn & Suites Dallas Arlington South

    4.35 miles

  • La Quinta Inn & Suites by Wyndham Ft. Worth - Forest Hill TX

    4.42 miles

  • Residence Inn Dallas Arlington South

    4.53 miles

  • IHOP

    0.14 miles

  • Thai Texas

    0.20 miles

  • McDonald's

    0.20 miles

  • Colter's BBQ

    0.20 miles

  • Hooters

    0.21 miles

  • The Catch

    0.22 miles

  • Wingstop

    0.22 miles

  • Joe's Pizza

    0.23 miles

  • Taco Bueno

    0.23 miles

  • Chick-fil-A

    0.24 miles

  • Miller Elementary School

    1.01 miles

  • Little Elementary School

    1.04 miles

  • Corey Academy Elementary School

    1.30 miles

  • James Martin High School

    1.38 miles

  • Kennedale High School

    1.38 miles

  • Burton Adventist Academy

    1.39 miles

  • Ditto Elementary School

    1.70 miles

  • Young Junior High School

    1.87 miles

  • James A. Arthur Intermediate School

    1.89 miles

  • Kennedale Junior High School

    1.89 miles

  • The Children's Courtyard

    1.27 miles

  • Bowen Road Day School

    4.94 miles

  • KidsPark

    5.29 miles

  • The Toddler's Den Early Learning Center

    6.49 miles

Frequently Asked Questions

What is the total square footage of Cordovan Park?

Cordovan Park totals 78,520 square feet.

When was this property built?

Cordovan Park was built in 1986.

When was Cordovan Park last sold?

Cordovan Park was last sold on 11 Jun, 2012.

What is the property tax for Cordovan Park?

The property tax for Cordovan Park in 2023 was $134,602.

What is the market value for Cordovan Park?

The market value* for Cordovan Park in 2023 was $6,100,000.

*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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