5425 Cooper St Arlington, TX 76017-6149
- Community centers
- 88,144 SF
- 10.61 lot acres
Oct 06, 2021
Current Use by Public Records
- Red White Blue Thrift Store / Thrift Store
- Crazy Caz Boys / Discount Store
- Planet Fitness / Gym / Fitness Center
- Uyen Nguyen / Pharmacy
- DICK'S Warehouse Sale / Discount Store / Sportswear Store
Property Details for 5425 Cooper St
- Year built
- 1998
- Lot size
- 10.61 lot acres
- Property size
- 88,144 SF
- Property type
- Community centers
- APN
- 40330--62AR
- APU
- 4033062AR
Description
This exceptional 86,776 square foot shopping center in Arlington, TX, presents a compelling investment opportunity. Boasting a 96.1% occupancy rate, the property features a strong tenant mix including e-commerce resistant anchors Planet Fitness and Red, White & Blue Thrift Store, occupying 72.8% of the leasable area, with significant lease terms remaining (6 and 10 years respectively). Located on a 10.62-acre lot at a high-traffic intersection (62,610 vehicles daily), the center benefits from its proximity to a major grocery store, La Michoacana Meat Market, and other complementary businesses like CareNow urgent care and additional in-line suites. Built in 1998, this institutionally maintained property enjoys strong demographics, with over 113,000 people within a 3-mile radius and an average household income exceeding $108,150. The property offers a stable income stream with a 10-year compound annual growth rate of 2.85%, making it an attractive investment in a thriving Texas market. The NNN lease structure minimizes landlord responsibilities, and the below-market rents on anchor tenants provide significant upside potential. This well-positioned center offers a secure and profitable investment opportunity with a proven track record of success. The property's location on a signalized intersection provides excellent visibility and accessibility. National and credit tenants comprise over 84.5% of the gross leasable area and 78.8% of annual rental revenue, ensuring consistent cash flow. The low vacancy rate in the immediate market further underscores the property's desirability and potential for future growth.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,005,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1327
- Latitude
- 32.6584
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
