3871 S Cooper St - Department Store FOR SALE


Arlington, TX 76015
$19,524,846 USD
404-441-3849
3871 S Cooper St, Arlington, TX for Sale
$19,524,846 USD
Department Store - FOR SALE
1/3
null | 6.5% Cap Rate

3871 S Cooper St
Arlington, TX 76015


HIGHLIGHTS

  • Brand New 15-Year Lease with $0.50 PSF Increases in 2032, 2037 and in Each of the Four, 5-Year Renewal Options
  • Relocation Store | Third House of Sport Location in the State of Texas
  • Anchor to the 1.5 MSF Parks Mall at Arlington (Dillard's, Macy's, JCPenney, Barnes & Noble, Nordstrom Rack, DSW, H&M, Sephora, AMC, etc.)
  • Slated to Open in May 2026 | Will Feature a 19,900 SF Outdoor Field
  • Feet from the On-Ramp to I-20 (187,966 VPD) - Provides Direct Access to Dallas and Fort Worth
  • 5.5 Miles to Downtown Arlington | Dallas-Fort Worth-Arlington, TX MSA (MSA Population: 8.3M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 147,346-square-foot Dick’s House of Sport in Arlington, Texas (MSA Population: 8.34M+). Slated to open in May 2026, Dick’s brand new 15-year lease features $0.50 PSF rent increases in 2032 and 2037, and in each of the four, 5-year renewal options. This Dick’s House of Sport store is a relocation of the former Dick’s Sporting Goods that was also located as part of The Parks Mall at Arlington, positioned next to Barnes & Noble. The Dick’s House of Sport location will be the third in the state of Texas and will feature a 19,900-square-foot outdoor field that will host a variety of events including open play, seasonal activities, community events and fundraisers.

FOR SALE DETAILS

PRICE

$19,524,846 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dick's House of Sport: Arlington, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

690

LAND DETAILS

LAND ACRES

9.5 AC

LAND SF

413,820 SF

ZONING

-

APN/PARCEL ID

06081797

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.