The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial RE DFW, LLC. The property is offered subject to errors, omissions, change in price and or terms,
or removal from the market without notice.
SALE PRICE
NET OPERATING INCOME
PROPERTY AREA
INV
ESTM
ENT
Bardin Crossing Shopping Center 1100 E Bardin Rd | Arlington, TX 76108
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
6.65% Cap 100% leased with stable tenants including Subway, Allstate, Texan Allergy, Bardin Dental, and Curves
High growth trade area that includes Arlington Highlands
Multiple major corporations with offices or distribution centers in the area
Strong traffic profile (Over 35k CPD)
One block south of Interstate 20 on SEQ of E Bardin Rd and S Collins St
Released w/ CA
19,191 SF on 2.47 AC
1100 E Bardin Rd Investment Opportunity
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
N
S
E W
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
Property Information
Price ****
Cap Rate 6.65%
Price per Square Foot (GLA) ****
Net Operating Income ****
Total Suites 14
Tenants 14
Occupancy 100%
Vacancy 0%
Gross Leasable Area (GLA) 19,191
Lot Size (Acres) 2.47
Year Built 2007
Vision Commercial is pleased to present the opportunity to acquire a multi-tenanted, 100% leased, 19,191-square foot retail shopping center located in south Arlington, Texas. Bardin Crossing offers a triple net facility with a diverse tenant mix. 14 suites comprised of a mix of local and regional, retail tenants, Bardin Crossing is purely a diverse asset. Bardin Crossing has easy access to I-30 and highway 360 with 85,620 vehicles per day. The center is equipped two monument signs facing Bardin Rd. and S. Collins which offers tremendous visibility.
OVERVIEW
DEMOGRAPHICS* 1 MILE 2 MILE 3 MILE 5 MILE
Population 7,560 52,260 138,232 333,275
Employees 3,531 17,344 45,646 113,736
Average HH Income $67,304 $67,703 $68,115 $75,839
2017-2022 Annual Rate 2.11 % 2.16 % 2.24 % 2.26 %
Traffic Count 35,434 VPD at S Collins St & E Bardin Rd *STDBonline.com 2018
1100 E Bardin Rd Investment Opportunity
1100 E Bardin Rd Investment Opportunity
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
SITE
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
15 miles from Downtown Fort Worth and 20 miles from Downtown Dallas, Arlington is known for being the
entertainment capital of Texas. The city is home to the Dallas Cowboys’ AT&T Stadium complex, Texas
Rangers’ Globe Life Park, Six Flags Over Texas, and Hurricane Harbor.
Arlington has been fortunate enough to become home to DFW’s most prized sports teams the Dallas
Cowboys and Texas Rangers. The Cowboys are currently residing in a $1 billion state of the art stadium that
not only serves for game needs, but also is a significant entertainment venue for many big-time artists and
events. The Texas Rangers are expecting to build a new $1.1 billion stadium/ entertainment region, Globe
Life Field, to match their neighbor next door in AT&T Stadium. Both stadiums along with the other
entertainment attractions make Arlington a hotspot in the DFW area.
Arlington is also home to the University of Texas at Arlington, a Division I University with an undergraduate
enrollment of approximately 30,000. The school offers the area a wide range of development opportunities
that work to generate economic preservation for the surrounding area.
Arlington also hosts the largest business park in North Texas and one of the fastest growing research
institutions in the United States. The City is a welcoming host for many large corporations with a stellar
incentives package that entices new corporations to move their headquarters to Arlington. The current
population of 375,000 is alive and thriving due to the sufficient amount of capital that has been brought to
the area. The Arlington quality of life is second-to-none with a low cost of living, 4,600 acres of park land,
and ease of access to the rest of the metroplex and DFW International Airport. Arlington has a mean income
of $66,695 — substantially higher than then national average and another true testament to Arlington’s way
of life.
CITY SUMMARY
1100 E Bardin Rd Investment Opportunity
1100 E Bardin Rd Investment Opportunity
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
TENANT SYNOPSIS
Subway is one of the largest single-brand chains and restaurant operators globally. There are 42,000 restaurants in over 100 countries. It has been a long-time center tenant of the Bardin Crossings Shopping Center.
Curves is a nationally known fitness and weight-loss center for women. The first Curves opened in 1992, and now there are 1,055 locations all over the United States.
Allstate Insurance is one of the largest group of insurance and financial services companies in the United States. It was founded in 1931, as apart of Sears, Roebuck Co. and became an independent company in 1993 now ranked in the top 100 on the Fortune 500 list of which it has been apart of for the last 22 years. Allstate has over 43,000 employees nationwide.
Suite Bldg A- 1100 E Bardin Space
100 Subway 1,440 SF
110 Donut 1,125 SF
120 Bardin Dental 1,297 SF
130 Lovely Nails 1,179 SF
140 Saddle Hill Printing 1,000 SF
150 The Beauty Lab 1,476 SF
160 Foot Spa 1,328 SF
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
Suite Bldg C- 1120 E Bardin Space 100 Key Personnel 1,311 SF
140 The DogSpaw 1,380 SF
150 Scuba Stop 1,080 SF
160 House of Fades 1,140 SF
170 Allstate 1,381 SF
Suite Bldg B - 1110 E Bardin Space 110 Curves 1,953 SF
100 Texan Allergy 2,107 SF
TENANTS
1100 E Bardin Rd Investment Opportunity
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
Ste Space Size Lease Start
Lease Exp
Net Base PSF
Net Base Rent
Rent Per Mo
Reconciled 2017 NNN
Annual Collected NNN
TOTAL INCOME
Rent Increases
1100-100 Subway 1,440 12/11/08 12/31/23 $15.17 $21,840 $1,820 $7.09 $10,210 $32,050 $0.25 Annual Increase
1100-110 Donut 1,125 08/01/13 07/31/18 $19.65 $22,106 $1,842 $7.09 $7,976 $30,083
1100-120 Bardin Dental 1,297 07/01/12 12/31/19 $17.00 $22,049 $1,837 $7.09 $9,196 $31,245
1100-130 Lovely Nails 1,179 06/01/08 05/31/19 $17.99 $21,216 $1,768 $7.09 $8,359 $29,575
1100-140 Sdl Hill Printing 1,000 11/01/16 10/31/19 $16.00 $16,000 $1,333 $7.09 $7,090 $23,090
1100-150 Beauty Lab 1,476 09/01/16 08/31/21 $16.25 $23,985 $1,999 $7.09 $10,465 $34,450
1100-160 Foot Spa 1,328 03/01/16 02/28/23 $16.24 $21,567 $1,797 $7.09 $9,416 $30,982 $0.50 Increase 3/2019,
3/2021, & 3/2022
1110-100 Texan Allergy 2,107 10/04/16 12/31/19 $15.00 $31,605 $2,634 $6.76 $14,243 $45,848
1110-110 Curves 1,953 01/01/16 12/31/21 $10.20 $19,921 $1,660 $6.76 $13,202 $33,123 $0.30 Increase 1/2019
& 1/2020
1120-100 Key Personnel 1,311 04/01/18 03/31/21 $15.00 $19,665 $1,639 $6.91 $9,059 $28,724
1120-140 The DogSpaw 1,380 03/01/12 12/31/21 $17.48 $24,122 $2,010 $6.91 $9,536 $33,658 $0.52 Increase1/2021
1120-150 Scuba Stop 1,080 07/01/18 06/30/23 $14.17 $15,300 $1,275 $6.91 $7,463 $22,763 $1.00 Increase 7/1/19 &
7/1/2020
1120-160 House of Fades 1,140 06/01/15 08/31/20 $15.13 $17,243 $1,437 $6.91 $7,877 $25,120 $0.50 Increase 6/2019
1120-170 Allstate 1,375 03/01/18 02/28/22 $16.18 $22,344 $1,862 $6.91 $9,501 $31,845 $0.75 Increase 3/2020
Total Vacant 0% 0
Net Base Rent
$298,962 GOI $432,555
Total Occupied 100% 19,191
Rentable GLA 19,191
RENT ROLL
1100 E Bardin Rd Investment Opportunity
CONFIDENTIAL TO BE RELEASED WITH
EXECUTED C.A.
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
Operating Expenses 2017 ACTUALS Add Backs
Administrative
Management Fees $15,324.88
Professional Fees $3,973.93 $3,973.93
Office Supplies & Expense $661.71
Non-Recover Owner Exp $0.00
Miscellaneous Admin Expense $268.44
Total Administrative Expense $20,228.96
Utilities
Electricity - C.A.M. $2,805.18
Water & Sewer - C.A.M. $1,785.92
Water & Sewer - Tenant $10,190.49
Total Utilities $14,781.59
Repair & Maintenance
Roof $351.00
Electrical $38.28
Signs $0.00
Plumbing $0.00
Keys & Locks $0.00
Miscellaneous R & M $0.00
Total Repair & Maintenance $389.28
Common Area Maintenance
Landscaping $9,768.40
Parking Lot $2,200.04
Security $2,382.24
Fire Protection $0.00
Trash Removal $8,479.71
Exterior Maintenance & Porter $17,696.07 $5,000.00
Miscellaneous CAM $0.00 $3,250.00
Total Common Area $40,526.46
Total CAM $75,926.29
Insurance $8,100.00
Ad Valorem Taxes $64,606.94
CAM $40,526.46
Total Operating Expenses with Add Backs $136,409.30 $12,223.93
EXPENSES
Total Expense Breakdown Current
CAM $40,526.46
Insurance $8,100.00
Ad Valorem Taxes $64,606.94
Total Expense $113,233.40
NOI Breakdown Current
Gross Income $432,555.14
- Total Expenses $136,409.30
NOI $296,145.84
1100 E Bardin Rd Investment Opportunity
CONFIDENTIAL TO BE RELEASED WITH
EXECUTED C.A.
CONFIDENTIAL TO BE RELEASED WITH
EXECUTED C.A.
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
1100 E Bardin Rd Investment Opportunity
SADDLE HILL
TEXAN ALLERGY
NOT A PART
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
1100 E Bardin Rd Investment Opportunity
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
1100 E Bardin Rd Investment Opportunity
Information About Brokerage Services
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker’s own interests; Inform the client of any material information about the property or transaction received by the broker; Answer the client’s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:
Must treat all parties to the transaction impartially and fairly; May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and
advice to, and carry out the instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose:
▪ that the owner will accept a price less than the written asking price; ▪ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and ▪ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker’s duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
Vision Commercial RE DFW LLC 9006752 [email protected] 817-803-3287 Broker Firm Name License No. Email Phone
Roger Smeltzer, Jr. 560209 [email protected] 817-803-3287 Designated Broker of Firm License No. Email Phone
Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov
Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com
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