1827 SW Green Oaks Blvd
Arlington, TX 76017
Cooper Oaks Shopping Center · Retail Property For Sale

• Kroger Shadow Anchored Center: Strategically shadowed to a Nationally recognized Grocer, the Property benefits from cross-traffic exposure. • Built-In Upside: Six of the seven tenants in the property have scheduled increases in their base rent, virtually guarantying an increased NOI over the first few years of ownership of Cooper Oaks. This represents 93% of the leased space that has scheduled increases in their base term. In three years the NOI is scheduled to be $242,984 which equates to an 8.09% return on the ask price. • Below Market Rents: The average rental rate at the Cooper Oaks Shopping Center is only $17.50 psf, while like-kind product in the immediate trade area is leasing up to $16.00 to $35.00 psf. • Exceptional Demographics: The average household incomes within three and five miles of Cooper Oaks are an outstanding $73,612 and $75,554 respectively. Furthermore, the diversified needs of the immediate residents with high-spending-power are met by the Properties mixed tenant lineup. • Tremendous Exposure with High Traffic Counts: The Property is situated at the northwest corner of Cooper Street and Green Oaks Boulevard - roughly a mile south of I-20. This positioning provides Cooper Oaks Shopping Center exposure to more than 58,122 vehicles per day at this signalized intersection. Furthermore, the Property benefits from more than 181,000 vehicles travelling daily along Interstate 20, a major thoroughfare in DFW. • High Growth Trade Are: Located near the densest retail corridor in DFW, Cooper Oaks benefits from strong demographics with significant growth expected over the next several years. Within a three-mile radius of the Property there are 112,048 residents increasing to an astounding 319,473 residents within five miles. Over the next five years, the population within a five-mile radius is expected to grow an additional 7.16%.