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Waters Edge West Shopping Center
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3990 N Collins St, Arlington, TX 76005

Fully occupied retail asset with long-term triple-net leases and limited landlord responsibilities.

Property Size13,227 SF
Lot Size1.79 Acres
Days on Market139

Property Features for 3990 N Collins St

General Information

Standard status Active
Size 13,227 SF
Lot size 1.79 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Year Built 2019
Tenancy Multi
Listing Agency: CBRE Dallas Park Lane
Listed By: Michael Austry · License #TX 609364
Source: Crexi
Added: Apr 15 Changed: Aug 29 Last Checked: Aug 29 at 1:26PM

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 CBRE Dallas Park Lane

Investment Insights

Based on property information with market context.

Waters Edge West is a 13,227 SF shopping center completed in 2019 and currently occupied under long-term triple-net leases. The property sits on an oversized 1.79-acre pad with ingress and egress and a large surface parking area serving customers.

Located at 3990 N Collins St in Arlington, the center is across from the 2,300-acre Viridian master-planned community, which includes five lakes, 500 acres of open space, and more than 6,500 residents. The property is also three miles from the Arlington Entertainment District, which attracts more than 16.3 million visitors annually and includes professional sports venues, Six Flags Over Texas, Hurricane Harbor, and Arlington Texas Live!.

The surrounding seven-mile area includes 525,613 residents, providing a substantial nearby residential base for the center’s retail setting.

Key Highlights

  • 100% occupancy with long‑term triple‑net leases
  • 13,227 SF shopping center completed in 2019
  • Located on an oversized 1.79‑acre pad

Property Analytics

Current Use

Accent Eyecare Physician HOTWORX - Arlington, TX ... Gym & Fitness Center Upscale Hair For Men Hair Salon Upscale Nails Bar Nail Salon Chill Coffee and Wine ... Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Parts 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby
248k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 43% Hotels & Casinos 3%
QuikTrip Shops & Services
52,919 visits/mo 0.5 miles
McDonald's Dining
39,252 visits/mo 0.5 miles
Whataburger Dining
31,791 visits/mo 0.1 miles
RaceTrac Shops & Services
26,629 visits/mo 0.1 miles
Golden Corral Dining
19,479 visits/mo 0.5 miles

Demographics for 76005, TX

4,412
Population
2,384
Households
1.9
Avg Household Size
38
Median Age
69%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$174,352
Median Household Income
$81,506
Median Earnings
$3,216
Median Rent
$482,100
Median Home Value

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail asset with long-term triple-net leases and limited landlord responsibilities.
Where is this shopping center located?
The property is located at 3990 N Collins St Arlington, TX.
What are key features of this property?
This property features: 100% occupancy with long‑term triple‑net leases; 13,227 SF shopping center completed in 2019; Located on an oversized 1.79‑acre pad
More about this property
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