4200 Cooper St Arlington, TX 76015-4163
- Turn key restaurants
- 7,788 SF
- 2.23 lot acres
Dec 19, 2023
Current Use by Public Records
- Trusted Life Care / Psychologist
- The Mansour Group / Real Estate Agency
- Comerica Bank / Bank / Atm
- Portillo's Arlington / Fast Food Restaurant / Hot Dog Restaurant
- J Brent Edwards Real Estate / Real Estate Consultant
Property Details for 4200 Cooper St
- Year built
- 2023
- Lot size
- 2.23 lot acres
- Property size
- 7,788 SF
- Property type
- Turn key restaurants
- APN
- 32850M-1-1
- APU
- 32850M11
Description
This exceptional investment opportunity presents a brand-new, 2024-built Jollibee restaurant with a drive-thru, located at 4200 S Cooper St, Arlington, TX 76015. The property boasts 2,630 square feet on a 0.91-acre lot and benefits from a 13-year remaining lease term (expiring 11/30/2037) with a corporate guarantee from Jollibee, a globally recognized fast-food chain. The absolute NNN lease structure provides a passive income stream with a current net operating income (NOI) of $234,900 and a 5.50% cap rate. Rent increases are built in, with a 10% bump every five years. This A-class property enjoys a prime location in a high-traffic retail node, experiencing daily combined traffic counts exceeding 92,000 vehicles. Its proximity to I-20 (157,000+ vehicles per day), major retailers (Walmart, Target, Home Depot, etc.), and The Parks Mall at Arlington (over 1.1 million square feet) ensures exceptional visibility and accessibility. The surrounding area is densely populated and affluent, with an average household income exceeding $90,000 within a 3-mile radius and over 334,000 residents within a 5-mile radius. The property's location near Arlington Municipal Airport further enhances its appeal. This is a rare opportunity to acquire a strong-performing, low-risk investment with significant long-term growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1362
- Latitude
- 32.6784
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA