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Shopping Strip

Victory Shops at South Cooper

4100 S Cooper St, Arlington, TX 76015

Listing Price: $21,000,000

Cap Rate
6.40%
Gross SF
49,644
Rentable SF
49,644
Price/Gross SF
$423.01
Lot Size
3.39 acres
Year Built
1984

Investment Overview

Victory Shops at South Cooper is a 100 percent leased, 49,644-square-foot, multi-tenant retail center located in Arlington, Texas. Tenants are complementary mix of internet-resistant, service-oriented businesses, including Salata, Vape Cave, Regional Finance, Club Pilates, Weekend Dentistry, Removery Tattoo Removal, Hong Kong Café, Liquor House, U.S. Government Recruiting, The Halal Guys, AT&T, Lux Salon Suites, Renaissance Tattoo, Manna Juice, and Amazing Nail Bar. All leases are triple-net with the exception of the U.S. Government lease, which pays fixed expense reimbursements. Originally constructed in 1984, the landlord states significant recent property improvements, including a full modification of the exterior façade and parking lot improvements. The two-story building is situated on a large 3.39-acre lot with ample concrete parking and a new monument sign that provides exposure to the center. Victory Shops at South Cooper is located in a prime location, positioned at the signalized intersection of South Cooper Street and West Pleasant Ridge Road/Parks at Arlington Mall. The property is easily accessible from multiple ingress and egress points. Traffic counts in front of the property on South Cooper Street are approximately 52,433 vehicles per day. Victory Shops at South Cooper is directly across the street from The Parks Mall at Arlington, one of the leading shopping destinations in the Metroplex and the third-largest mall in Tarrant County. The Parks Mall features more than 190 stores and is anchored by Dillard's, Macy's, JCPenney, Barnes & Noble, Dick's Sporting Goods, and AMC Theatre. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including Burlington, Target, TJ Maxx, Academy Sports & Outdoors, Harbor Freight Tools, Michael's, Pei Wei, La Madeleine, Red Lobster, Sally Beauty, Best Buy, McDonald's, Corner Bakery, Chili's Grill & Bar, Fitness Connection, Discount Tire, Pet Supplies Plus, Spec's Wines, Spirits & Finer Foods, Jared's, Razzoo's, Panera Bread, and many more.

Investment Highlights

  • 49,644-Square-Foot, Multi-Tenant Retail Center Located in a Prime Retail Trade Area of Arlington
  • Fully Stabilized Asset | 100% Occupied | All Leases are Triple-Net with the Exception of the U.S. Government (Pays Fixed Reimbursement Amounts)
  • Majority of the Leases Include Scheduled Rent Escalations During the Primary Term
  • Near the Signalized Intersection of South Cooper Street and West Pleasant Ridge Road/Parks at Arlington Mall | Easily Accessible from Multiple Ingress and Egress Points from Both Roads | High Traffic Counts Exceeding 52,400 Vehicles per Day
  • Directly Across from The Parks Mall, Anchored by Dillard's, Macy's, JCPenney, AMC Theatres, Dick's Sporting Goods, and Barnes & Noble

Exclusively Listed By

Shopping Strip

Victory Shops at South Cooper

Listing Price: $21,000,000

Cap Rate
6.40%
Gross SF
49,644
Rentable SF
49,644
Price/Gross SF
$423.01
Lot Size
3.39 acres
Year Built
1984

Investment Highlights

  • 49,644-Square-Foot, Multi-Tenant Retail Center Located in a Prime Retail Trade Area of Arlington
  • Fully Stabilized Asset | 100% Occupied | All Leases are Triple-Net with the Exception of the U.S. Government (Pays Fixed Reimbursement Amounts)
  • Majority of the Leases Include Scheduled Rent Escalations During the Primary Term
  • Near the Signalized Intersection of South Cooper Street and West Pleasant Ridge Road/Parks at Arlington Mall | Easily Accessible from Multiple Ingress and Egress Points from Both Roads | High Traffic Counts Exceeding 52,400 Vehicles per Day
  • Directly Across from The Parks Mall, Anchored by Dillard's, Macy's, JCPenney, AMC Theatres, Dick's Sporting Goods, and Barnes & Noble

Investment Overview

Victory Shops at South Cooper is a 100 percent leased, 49,644-square-foot, multi-tenant retail center located in Arlington, Texas. Tenants are complementary mix of internet-resistant, service-oriented businesses, including Salata, Vape Cave, Regional Finance, Club Pilates, Weekend Dentistry, Removery Tattoo Removal, Hong Kong Café, Liquor House, U.S. Government Recruiting, The Halal Guys, AT&T, Lux Salon Suites, Renaissance Tattoo, Manna Juice, and Amazing Nail Bar. All leases are triple-net with the exception of the U.S. Government lease, which pays fixed expense reimbursements. Originally constructed in 1984, the landlord states significant recent property improvements, including a full modification of the exterior façade and parking lot improvements. The two-story building is situated on a large 3.39-acre lot with ample concrete parking and a new monument sign that provides exposure to the center. Victory Shops at South Cooper is located in a prime location, positioned at the signalized intersection of South Cooper Street and West Pleasant Ridge Road/Parks at Arlington Mall. The property is easily accessible from multiple ingress and egress points. Traffic counts in front of the property on South Cooper Street are approximately 52,433 vehicles per day. Victory Shops at South Cooper is directly across the street from The Parks Mall at Arlington, one of the leading shopping destinations in the Metroplex and the third-largest mall in Tarrant County. The Parks Mall features more than 190 stores and is anchored by Dillard's, Macy's, JCPenney, Barnes & Noble, Dick's Sporting Goods, and AMC Theatre. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including Burlington, Target, TJ Maxx, Academy Sports & Outdoors, Harbor Freight Tools, Michael's, Pei Wei, La Madeleine, Red Lobster, Sally Beauty, Best Buy, McDonald's, Corner Bakery, Chili's Grill & Bar, Fitness Connection, Discount Tire, Pet Supplies Plus, Spec's Wines, Spirits & Finer Foods, Jared's, Razzoo's, Panera Bread, and many more.

Exclusively Listed By

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