2305 W Park Row Dr
Arlington, TX 76013
Next to Cowboys Stadium | Dollar Tree · Retail Property For Sale

Matthews Real Estate is pleased to present this exclusive listing Dollar Tree located at 2305 W Park Row Dr. Arlington, Texas. This premium construction asset was built and delivered to the tenant in November of 2015 (No Metal Sides). Dollar Tree signed an initial 10-year lease, which runs through January 2026. Additionally, the lease includes a $5,000 rent increase in 2021. The site has a strong demographics profile of more than 301,354 in a 5-mile radius and has seen an explosive growth within the area expected to boom over 7% within a 1,3,5-mile radius by 2023 The subject property is 2 miles west of The University of Texas at Arlington (Largest University in North Texas with 42,496 students & generates an economic impact of $13 billion). Also, the property is located 5 miles from AT&T Stadium (NFL Dallas Cowboys). Adjacent to AT&T stadium is the brand new $1.35 billion development of Globe Life Park (MLB Texas Rangers) and Texas Live ( www.texas-live.com )! The Dallas-Fort Worth (DFW) metro area continues to experience rapid economic expansion and a boom of multifamily rental apartment development. DFW has delivered near record-breaking numbers of rental units to the market area over the last year and has over 500,000 units in the pipeline. Job growth has remained steady, as DFW created nearly as many jobs as New York with a population of half the size. Over the last decade, the DFW MSA, fourth largest in the U.S., has created a higher number of jobs than any other metro area, with the exception of the New York MSA. Dollar Tree has an extremely strong Credit Rating (S&P rated BBB-)and it's locations carry a mix of housewares, toys, seasonal items, food, health and beauty aids, gifts, and books. At Dollar Tree shops most goods are priced at $1 or less while Family Dollar merchandise is usually less than $10. The stores are located in high-traffic strip centers and malls often in small towns. It purchased fellow discounter, Family Dollar in 2015, bolstering competitive position against Dollar General. The company wants to create a “treasure hunt” type environment where people can bring their whole families.