2611 & 2601 W Park Row Dr, Arlington, TX, 76013
Tom Thumb Grocer & Fuel Center
Key Information
Highlights
• Below-Market Rent: Recent appraisal indicates the Tom Thumb rent is approximately 40% below market rent, creating significantly embedded upside.
• Established Tenancy: Tom Thumb has operated at the site since 1997, providing a proven operating history and commitment to the site.
• Diversified Income: Investment includes both the Tom Thumb grocery store and adjacent fuel center, creating two complementary revenue streams.
• Long-Term Renewal Potential: Leases were recently extended through June 2032 and includes five additional 5-year renewal options, providing substantial long-term control.
• National Credit Tenancy: Tom Thumb and the fuel center benefit from guarantees from Albertsons-affiliated entities, providing institutional credit backing.
• Passive Ownership: The grocery store operates under a NN+ lease, while the fuel center is subject to a NNN ground lease, limiting landlord obligations.
• Strong Demographics & Traffic: Located in an established Arlington, TX trade area with average household income of $98,000+ in a one-mile radius and ±34,877K VPD at the intersection of W. Park Row Drive and S Bowen Rd.