For Auction
Asset Snapshot
Offering Summary
Edge Capital Markets and RealINSIGHT Marketplace are pleased to present the opportunity to acquire a top performing Pottery Barn Outlet location. The Property is located within the established trade area of Arlington, Texas, the midway point between Dallas and Fort Worth. Located 15 minutes from the DFW International Airport, Arlington is considered the 3rd largest city in North Texas. Additionally, Arlington is home to three professional sports teams, a renowned entertainment district, the largest business park in North Texas and one of the fastest growing research institutions in the United States, all of which create a vibrant economy. The Property is located at the northeast corner of Interstate 20 and South Center Street and benefits from easy access and exposure to Interstate 20, one of DWF's primary east-west thoroughfares, which carries over 224,000 cars per day. The Property has good circulation with multiple points of ingress/egress including two along Interstate 20 Frontage Road and two along South Center Street. Further, in May of 2017, the abutting South Center Street expanded with a new $11.6 million four-lane bridge created to relieve traffic congestion.
This infill site is surrounded by numerous established residential neighborhoods and benefits from a captive customer base of over 125,000 existing households within a five-mile radius. As DWF continues to lead the nation in both job and new residential growth, the Property is poised to benefit from the surrounding growth due to its discounted, high-end home furnishings as well as its prime location within a regional retail corridor. The Property is also in close proximity to major traffic drivers and employers including the General Motors Assembly Plant, GM Financial, AT&T Stadium, Globe Life Field, Texas Live!, Six Flags Over Texas and the University of Texas at Arlington which drive a daytime population of 343,000 people within a five-mile radius.
Property Tours are available by appointment on the dates below. Please contact Micha van Marcke (micha@edge-cm.com / 713-900-3011) or Chace Henke (chace@edge-cm.com / 713-900-3009) to schedule a tour.
Due Diligence
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
