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Fully Leased Strip Mall
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 Market59

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
Listed By: Trenton Price · License #0652029
Source: Tcnworldwide
Added: Aug 13 Changed: Oct 2 Last Checked: Oct 9 at 5:34PM

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.

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 / Yr
$229,579
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $264,733 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

A Karing Konnection12, L.L.C. Nursing Home Iglesia El Shaddai ... Church Texas U Can ... High School R.E.X. Day hab ... Corporate Office

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Spa & Massage Center Law Firm Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
111k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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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
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