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- LoopNet Team
1005 N Collins St
Arlington, TX 76011
55% LEASED | UPSIDE! MONARCH DENTAL & RETAIL · Retail Property For Sale
Property Facts
About 1005 N COLLINS ST , ARLINGTON, TX 76011
-Opportunity to Acquire a Core Infill, Generational Asset in Dallas/Fort Worth: 8,750 SF retail building fronting Collins street, just north of AT&T Stadium (home of Dallas Cowboys) and adjacent numerous national retailers and restaurants. -Sports/Entertainment District: Just west of new $1.2 billion Texas Rangers ballpark and $250 million “Texas Live” retail and entertainment district. Texas Live includes a 14 story Loews Hotel (301 luxurious rooms, 23 “floor to ceiling” suites) -Brand New Lease Extension: Monarch Dental (Smile Brands Inc.) just signed a 5 year renewal. Monarch Dental operates 45 locations in Dallas/Fort Worth and has operated in this location since 2004. Smile Brands operates 400 dental practices in 16 States. Monarch expanded their footprint at center in 2012. -Long-Term Upside to Lease Existing Vacancy and Increase Parking Revenue: 3,914 SF second generation restaurant space (shell condition) with grease Trap, ADA restrooms, and outdoor patio space. Also suitable for other retail/office uses. Upside to increase parking revenue long-term for AT&T stadium events. -Tremendous Growth and Excellent Demographics: Population in a 1 mile radius grew 22% from 2010-2019. Expected to grow another 8% over next 5 years. Current population of 16,800 people in a one mile radius and 143,000 in a three mile radius.
Property Taxes
| Parcel Number | 40926303 | Improvements Assessment | $2,354,900 |
| Land Assessment | $698,100 | Total Assessment | $3,053,000 |
Property Taxes
