Fully Leased Strip
For Sale
$2,763,000
3300 - 3350 S Watson Rd, Arlington, TX 76014
Retail center with highway frontage and metal roofing.
Property Size14,268 SF
Price / SF$193.65
Days on Market19
Property Features for 3300 - 3350 S Watson Rd
General Information
Standard status
Active
Size
14,268 SF
Property subtype
Retail
Occupancy
100%
Amenities
Low Maintenance Metal Roofing
Building Details
Building Size
14,268 SF
Listing Agency:
Vision Commercial Real Estate
(817) 803-3287
Listed By:
Trenton Price · License #0652029
Source:
Tcnworldwide
Added: Aug 13
Changed: Aug 31
Last Checked: Aug 31 at 2:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vision Commercial Real Estate
Investment Insights
Based on property information with market context.
The property is a 14,268 SF strip mall comprising fully leased retail space. Occupancy is reported at 100%, creating a fully occupied configuration. Metal roofing is among the building features identified for the center.
Located at 3300 - 3350 S Watson Rd, Arlington, TX 76014, the property has frontage on SH 360. The address and highway designation provide clear reference points for the asset. The property information identifies the offering as a retail center with a fully leased configuration and stated highway frontage.
Located at 3300 - 3350 S Watson Rd, Arlington, TX 76014, the property has frontage on SH 360. The address and highway designation provide clear reference points for the asset. The property information identifies the offering as a retail center with a fully leased configuration and stated highway frontage.
Key Highlights
- 14,268 SF retail strip mall with fully leased space
- 100% occupancy
- Frontage on SH 360
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$229,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,591,580
$4.6M
Cap Rate 7%
$3,279,700
$3.3M
Cap Rate 9%
$2,550,878
$2.6M
Market Conditions
NOI Build-Up for 14,268 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$344.1K $24.12/SF
− Vacancy
−$16.2K −$1.13/SF
EGI
$328.0K $22.99/SF
− OpEx
−$98.4K −$6.90/SF
NOI
$229.6K $16.09/SF
Area
ZIP 76014
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,591,580
Cap Rate 7%
$3,279,700
Cap Rate 9%
$2,550,878
Alternative Uses
Best Use
Retail
$3.28M
$2.87M – $3.83M
NOI $229,579 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.78M
$3.31M – $4.41M
NOI $264,733 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
111k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 37%
Home Improvements & Furnishings 7%
Whataburger
Dining
23,537 visits/mo
0.1 miles
Starbucks
Dining
18,784 visits/mo
0.2 miles
Exxon
Shops & Services
15,411 visits/mo
0.3 miles
SONIC Drive In
Dining
8,396 visits/mo
0.2 miles
Shell
Shops & Services
8,166 visits/mo
0.2 miles
Demographics for 76014, TX
35,954
Population
11,274
Households
3.2
Avg Household Size
32
Median Age
18%
College-Educated
76%
High-School Grad
5.7 sq mi
ZIP Area
6,308
Density / Sq Mi
$63,196
Median Household Income
$34,129
Median Earnings
$1,516
Median Rent
$217,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with highway frontage and metal roofing.
Where is this strip mall located?
The property is located at 3300 - 3350 S Watson Rd Arlington, TX.
What is the asking price?
The asking price for this property is $2,763,000.
What are key features of this property?
This property features: 14,268 SF retail strip mall with fully leased space; 100% occupancy; Frontage on SH 360
