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    OFF-MARKET
    Retail properties & Spaces

    1002-1006 Collins St, Arlington, TX 76011

    27,000 SF 4.3 ac lot Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional Arlington, Texas investment opportunity encompasses ±4.3 acres of land improved with two retail buildings totaling approximately 27,000 square feet. Located at 1002-1006 and 1010 N. Collins St, this property boasts a prime location adjacent to Cowboys Stadium, offering significant visibility and accessibility. Building 1, situated at 1002-1006 N. Collins St, comprises 12,427 square feet, while Building 2, located at 1010 N. Collins St, offers 14,669 square feet. Both buildings were constructed in 1971 and underwent renovations in 2005. The property features a combined 228 surface parking spaces, with Building 1 offering 133 spaces (4.37 per 1,000 square feet) and Building 2 providing 95 spaces (1.98 per 1,000 square feet). The site benefits from excellent frontage on Randol Mill Road, approximately 379 feet, and enjoys high traffic counts: Randol Mill Road (East/West) averages approximately 14,092 vehicles per day, and Collins Street (North/South) sees approximately 31,524 vehicles per day. This property presents a compelling value-add or redevelopment opportunity, further enhanced by its grandfathered multi-family zoning. The property's APN numbers are 41483529 and 41535626. This is a rare chance to acquire a significant retail holding in a high-demand area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1971
    Total area 27,000 SF
    Lot 4.3 ac (187,308 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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