office building for lease offering summary 2019 e. lamar ......isd (8,200) and the top private...

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Office Building For Lease Contact Agent for Pricing Phillips Commercial 2019 E. Lamar Rd. Arlington, TX 76006 For Additional Information Contact: Benjamin Phillips, CCIM 214-526-3820 [email protected] www.phillipscommercial.com Offering Summary +/- 4,850 SF

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Page 1: Office Building For Lease Offering Summary 2019 E. Lamar ......ISD (8,200) and the top private employer is General Motors Co. (4,484). Healthcare Industry The city of Arlington is

Office Building For LeaseContact Agent for Pricing

P h i l l i p s C o m m e r c i a l

2019 E. Lamar Rd. Arlington, TX 76006

For Additional Information Contact:Benjamin Phillips, CCIM214-526-3820benjamin@phillipscommercial.comwww.phillipscommercial.com

Offering Summary+/- 4,850 SF

Page 2: Office Building For Lease Offering Summary 2019 E. Lamar ......ISD (8,200) and the top private employer is General Motors Co. (4,484). Healthcare Industry The city of Arlington is

Property Information and Highlights

Two Story, Governer’s Row Office

This upscale elegant property is part of North Arlington’s Governor’s

Row Office Park which, is comprised of ten 2-story office buildings in

a campus like setting. The entire complex provides approximately

55,181 square feet of office space and is conveniently located at

the intersection of Ballpark Way and Lamar Blvd with easy access

to both Interstate 30 (Tom Landry Frwy) and Highway 360. This

prestigious office space provides a total of 12 private offices, 2 formal

reception areas, multiple admin and storage areas, 2 kitchenettes

and 2 restrooms on each floor. Several of the private offices are large

enough to be used as conference rooms or as shared offices.

The design of this property allows the flexibility for tenants to lease

the entire building or either of the floors separately – depending on

specific needs and budget. The Governor’s Row Office Park Owner’s

Association performs on-going maintenance and landscaping of

all common areas providing an immaculate high-quality office

development and professional environment for your business.

Highlights

• Governor’s Row Office Park provides a high-quality office

development and professional environment for your business

or tenants.

• Conveniently located in the middle of Arlington’s business and

entertainment district and only minutes from AT&T Stadium,

Globe Life Park and Six Flags over Texas

• Easy access to both Dallas and Ft. Worth via Interstate 30 –

approximately 18 miles from Dallas and 16 miles from Ft.

Worth.

• Free parking for clients or tenants with convenient access to

both the front and back entrances to the office space.

• Located approximately 12 miles from Dallas/Ft. Worth

International Airport for client or business travel

2017 Phillips Commercial Real Estate Services, Inc. All Rights Reserved

Rental Rate: Call for Pricing

Location: 2019 E. Lamar Blvd. Arlington, TX 76011

Space Available: 2,425sf - 4,850sf

Description: 2-Story Office Bldg.

Legal Description: BROOKHOLLOW/ARLINGTON ADDITION BLOCK 10R LOT 3R5

Year Built: 1985

Building Size: 4,850 SF

Zoning: Office

Parking Ratio: 4.2/1,000 SF

Construction: Masonry

2nd Floor Ground Floor

Page 3: Office Building For Lease Offering Summary 2019 E. Lamar ......ISD (8,200) and the top private employer is General Motors Co. (4,484). Healthcare Industry The city of Arlington is

Area InformationPopulation

Arlington is part of the “mid-cities” region of the Dallas-Fort Worth

– Arlington metropolitan area and is located approximately 12

miles east of downtown Fort Worth and 20 miles west of downtown

Dallas. The 2017 population is estimated at 378,442 with a median

household income of $54,620 and a median age of 32.9 years.

According to the 2010 census, Arlington is the 50th most populated

city in the US and the 7th most populated city in Texas and the largest

Texas city that is not a county seat.

Known For

Arlington is known as the home of the University of Texas at Arlington

(UNT), the General Motors 250-acre Arlington Assembly Plant, Dallas

Cowboys football team, Texas Rangers baseball team, the Six Flags

over Texas Theme Park among other attraction. The city is commonly

recognized by the general public as the entertainment hub of the

whole region as it has hosted the Super Boal, NBA Final Four, College

Football National Championships, and the Country Music Awards.

UNT is recognized as a high research R-1 University who’s research

funding exceeded $85 million last year and has dedicated resources

backing more than 180 degree programs.

Employment

The city job market flourishes with an astonishingly low 5.3%

unemployment rate. Tens of thousands of jobs are being provided

by the educational, healthcare, manufacturing, general retail, and of

course entertainment sectors.  The top public employer is Arlington

ISD (8,200) and the top private employer is General Motors Co. (4,484).

Healthcare Industry

The city of Arlington is also home to many of the region’s most

advanced medical facilities. Major healthcare facilities in Arlington

include Texas Health Arlington Memorial, Baylor Orthopedic and

Spine Hospital at Arlington, Medical Center of Arlington, USMD at

Arlington, and a host of other hospitals and healthcare facilities.

The nearest major medical facility to the property is USMD at

Arlington, a physician-owned facility with nine state-of-the-art

operating rooms and two procedural rooms, equipped for a wide

variety of medical services including spine, colorectal, general

surgery, orthopedic, plastic, pain management, urology, gynecology,

and podiatry.

2017 Phillips Commercial Real Estate Services, Inc. All Rights Reserved

SUBJECT

31,025 VPD21

,960

VPD

Page 4: Office Building For Lease Offering Summary 2019 E. Lamar ......ISD (8,200) and the top private employer is General Motors Co. (4,484). Healthcare Industry The city of Arlington is

KW Commercial / Phillips Commercial4783 Preston Rd., Suite 100Frisco, TX 75034214-526-3820www.phillipscommercial.com

Contact Benjamin Phillips, CCIMBroker [email protected]

Disclaimer:All materials and information received or derived from Phillips Commercial Real Estate Services, Inc. its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Phillips Commercial Real Estate Services, Inc. its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Phillips Commercial Real Estate Services, Inc. will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Phillips Commercial Real Estate Services, Inc. makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Phillips Commercial Real Estate Services, Inc. does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencieså. All properties and services are marketed by Phillips Commercial Real Estate Services, Inc. in compliance with all applicable fair housing and equal opportunity laws.

All Rights Reserved Phillips Commercial Real Estate Services, Inc. 2017

Page 5: Office Building For Lease Offering Summary 2019 E. Lamar ......ISD (8,200) and the top private employer is General Motors Co. (4,484). Healthcare Industry The city of Arlington is

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KW Commercial / Phillips Commercial 473962 [email protected] (972)712-9898

Barbara Trumpbull 432445 [email protected] (972)712-9898

Benjamin Phillips 537615 [email protected] (214)526-3820

Phillips Commercial Real Estate Services, Inc., P.O. Box 835481 Richardson, TX 75083 214-526-3820 214-347-7361 E-Mail LinkBenjamin Phillips

Kevin Cannon 595988 [email protected] (972)712-9898