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Cooper Oaks Crossing Shopping Center - Availability Details

5425 South Cooper Street, Arlington, TX 76017

  • For Sale $11,400,000
  • City Arlington
  • Neighborhood Whispering Meadows
  • Zip Code 76017
  • Market Dallas Fort Worth
  • Property Type Retail - Community Center
  • Property Size 86,776 Sqft
  • Lot Size 10.64 Acre
  • Parking Spaces Avail. 547
  • Property Tenancy Multi-Tenant
  • Year Built 1998
  • Year Renovated 2020
  • Date Updated 13 May, 2021
Cooper Oaks Crossing is situated in the middle of the Dallas-Fort Worth-Arlington MSA. The Property is located at the southeast quadrant of South Cooper Street and Green Oaks Boulevard in south Arlington, Texas. Arlington is the largest suburb in North Texas, and only ten minutes from DFW International Airport. Year after year, Arlington ranks among the top places to live, work, and visit in the U.S.
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Location

  • City Arlington, TX
  • Neighborhood Whispering Meadows
  • Zip Code 76017
  • Market Dallas Fort Worth

Contacts

broker

Ryan M. Byrne

Byrne Investment Company

(214) 343-6996

Highlights

  • NEW REGIONAL ANCHOR - Anchored by Crazy Cazboy's, a retail liquidator offering discounted brand name merchandise that draws weekly customers and bargain hunters.
  • NATIONAL RETAILERS - other major tenants include Planet Fitness, CareNow Urgent Care Center, Wingstop, and Check 'n Go.
  • UPSIDE POTENTIAL
  • - Crazy Cazboy's is subject to percentage rent, potentially adding $150,000 in revenue per year (This potential figure is based on other Cazboy's store volumes).
  • - The Center has approximately 10,000 square feet of leasing upside, include a prime end cap with drive-thru window.
  • - The CareNow parcel offers an investor the opportunity to sell it separately and lower their basis in the Property. Historically, CareNow properties sell at sub 6% caps.
  • LOW AVERAGE RENT PER SQUARE FOOT - $12.16 per sqft for the entire center and $10.79 per sqft for the three anchors (Crazy Cazboy's, Planet Fitness, and CareNow).
  • SHOP SPACE BAY DEPTHS - Shallow Bay Depths of approximately 60 feet
  • PARKING - Abundant Parking with 547 parking spaces
  • SIGNALIZED INTERSECTION - Signalized Intersection with Excellent Traffic Counts, at the southeast corner of S. Cooper Street and Green Oaks
  • TRAFFIC GENERATORS - Additional Traffic Generators created by the adjacent, separately owned, La Michoacana Market, a 140-store grocery chain that primarily serves Hispanic communities in Texas, as well as Kroger Supermarket and Kohl's Department Store.
  • LOW PRICE - Priced below replacement cost at $131.37 per square foot.

Contact Listing Broker

broker

Ryan M. Byrne

Byrne Investment Company

(214) 343-6996

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