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Dick's House of Sport 3871 S Cooper St 147,346 SF Retail Building Arlington, TX 76015 $19,524,846 ($132.51/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease with $0.50 PSF Increases in 2032, 2037 and in Each of the Four, 5-Year Renewal Options
- 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.)
- Feet from the On-Ramp to I-20 (187,966 VPD) - Provides Direct Access to Dallas and Fort Worth
- Relocation Store | Third House of Sport Location in the State of Texas
- Slated to Open in May 2026 | Will Feature a 19,900 SF Outdoor Field
- 5.5 Miles to Downtown Arlington | Dallas-Fort Worth-Arlington, TX MSA (MSA Population: 8.3M+)
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
147,346 SF
Building Class
B
Year Built/Renovated
1987/2025
Price
$19,524,846
Price Per SF
$132.51
Cap Rate
6.50%
NOI
$1,269,115
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
9.50 AC
Parking
690 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
898’ on S Cooper St
AMENITIES
- Dedicated Turn Lane
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06081797 | Improvements Assessment | $763,110 |
| Land Assessment | $4,136,890 | Total Assessment | $4,900,000 |
PROPERTY TAXES
Parcel Number
06081797
Land Assessment
$4,136,890
Improvements Assessment
$763,110
Total Assessment
$4,900,000
CONTACTS
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Ty Grenier -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
Chris Cozby -
CBRE, Inc.
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Dick's House of Sport | 3871 S Cooper St
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