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dallas/ft. worth, texas
1020N. Collins
street
for sale
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c o m m e r c i a l R e a l E s t a t e
D a l l a s c o w b oys investment opportunity
1 0 2 0 N . c o l l i n s s t r e e t, a r l i n g t o n , t e x a s 7 6 0 1 1
events center
walmart supercenter
N. COLLINS STREET
N. COLLINS STREETe. randol mill road
e. randol mill road
1020 N. collins STREET
A T & T S t o r e
d ays i n n by w y n d h a m
A r by ’s
pa n d a e x p r e s s
MURRAY STREET
D a l l a s c o w b oys
Building Size15,776 SF
Lot Size63,772 SF / 1.46 acres
NOI $363,000
LEASE expiration February 28, 2029
options 10 X Five Years
SALE PRICE$7,260,000
overviewPROPERTY INFORMATION
Listing Agents
Jake ZacutoManaging [email protected] #01377441
Leor BinshtockExecutive Vice [email protected] #01773798No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of
price, rental or other conditions, withdrawal without notice. All parties who receive this material should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and may be trademarks of their respective companies. All terms provided are approximate. Purchaser to verify. 1/2020
Rare opportunity to purchase a stabilized credit rated investment property in an A+ location within the Dallas/Ft. Worth Market.
This Walgreens is located directly across from AT&T Stadium (home of the NFL Dallas Cowboys), less than 1.5 miles to Globe Life Park and Field (home of the MLB Texas Rangers), Texas Live!, Six Flags Over Texas, the new to be constructed 216,000 SF convention center and densely populated residential communities.
The site features a 1.46 acre lot ideally situated on N. Collins Street with major retailers nearby including Walmart, Chase, Panda Express, AT&T and Chick-Fil-A. Subject property is NNN leased through February 2029, with 10 x Five Year extension options.
5% cap rate NNN SINGLE TENANT Leased to walgreens
with 10 five year extension options
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details
Single Tenant NNN Lease
Prime Stand-alone Structure
Directly across the street from AT&T stadium (Dallas Cowboys)
Located within the Arlington Entertainment District which includes
NFL, MLB, Soccer, and XFL stadiums
New 216,000 SF Convention Center under construction in proximity to
subject property
Located within 2 Miles of the University of Texas at Arlington (42,000 Students)
Drive-thru Pharmacy
Beer & Wine Sales
Electric Charging Station
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events center
walmart supercenter
Taco bell game stop
panda express
AT&T Store
chase
1020 N collins STREET N. COLLINS STREET N. COLLINS STREET
e. randol mill road
MURRAY STREET
mcdonalds
D a l l a s c o w b oys
Location
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1020 n Collins street
at&T Stadium• State-of-the-art facility for sports,
events and shows
• 105,000+ person capacity arena
• Retractable roof
• Home of the NFL Dallas Cowboys
Globe Life FIELD• New home to MLB
Texas Rangers• Estimated
completion date of March 2020.
buffalo wild wings
days inn by wyndham
courtyard by Marriott
enclave apartment
village
sheraton hotel
howard Johnson
Texas Live!
raising cane’s chicken fingers
chick-fil-a
tgi fridays
Hooters
taco bell
Chase
six flags over texas
university of texas at arlington
MAP
30
walmart supercenter
mcdonaldshome depot
Lincoln square Bed Bath & Beyond
office depotMichael’s
ulta beauty
30
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Arlington, texas
area overview
Arlington, Texas has become a major destination thanks to its large sports draw and renowned tourist attractions. With a population of over 395,000, the city is home to Major League Baseball’s Texas Rangers, the NFL’s Dallas Cowboys, The University of Texas at Arlington (42k students), and the first Six Flags theme park.
With an increase in demand, Arlington is undergoing a massive resurgence of development. Adding to its dense entertainment driven appeal, a mix of retail, residential and business centric projects are to be completed in the next few years.
Population 396,407
MEDIAN HOUSEHOLD INCOME $57,083
NUMBER OF EMPLOYEES 196,839
Source: *Arlington Convention & Visitor Bureau
DFW INTL AIRPORT
2 miles
Mixed-use/residential
Ballpark complex under construction
Hotel/Convention Center
Offi ce space1 mile
.8 miles .2 miles 1 mile
1020 N collins STREET
In 2017, Arlington had nearly 14.5 million visitors* NEW DEVELOPMENT
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• 100,000 sqft mixed use and dedicated Esports facility
• Venue is the largest Esports facility in the US, with a 200 - 2,500 spectator capacity.
• Contemporary facilities for conventions, meetings & trade shows.
esports stadium & expo center • Globe Life Field will serve as the future
home of the MLB’s Texas Rangers. The park is currently under construction scheduled to open March 2020.
• A new shopping mall, as well as a Loew’s Hotel, and village are planned to go along with the new stadium.
globe life field
area overview• Completed in 2009, AT&T stadium has
been home to the NFL Dallas Cowboys.
• Built with a retractable roof and expandable seating, the arena can accommodate up to 105,000 people during all seasons.
• A multilevel entertainment complex with sports bars, restaurants and a 5,000-seat concert venue
• Live! by Lowe’s Hotel - 300 rooms, 35,000 square feet of event space and 5 on site restaurants.
• As of 2020 the stadium will be renovated for football and soccer use as the Rangers move to the newly constructed Globe Life Field.
• Dallas Renegades of the XFL and North Texas SC, of USL League 1 an affiliate of MLS club FC Dallas will play at the new stadium.
• New 880-room Loew’s branded hotel
• 216,000 sqft convention center for meetings and events
• Connecting skybridge to retail and entertainment
• Estimated Completion 2023
• 200,000 sqft corporate office headquarters to be built atop former Global Life Park
• 280 unit mixed-use residential building
• Small business coworking spaces
• Dining, retail & entertainment options
• The first Six Flags theme park
• Opened in 1961
• Features Hurricane Harbor water park
• Attendance at all Six Flags properties for 2019 exceeded 26 million guests.1
Source: *Sixflags.com, **The Cordish Company
Six flags
AT&T STADIUM texas live!
Hotel & Convention Center
Office & mixed Use residential
globe life parkNEW DEVELOPMENT 2
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photos
Highly visible location
1020 n Collins street
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photos
ON SITE charging station
DRIVE THRU PHARMACY
10250 Constellation BlvdSuite 2770
Los Angeles CA, 90067
z a c u t o g r o u p. c o m | 3 1 0 - 4 6 9 - 9 3 0 0
Jake ZacutoManaging Director
310-469-9012
BRE #01377441
Andrew SinasohnExecutive Vice President
310-469-9023
BRE #01951740
Leor BinshtockExecutive Vice President
310-469-9014
BRE #01773798
Jackie LubranoVice President
310-469-9376
BRE #02024601
Matt McLaughlinDirector
424.254.5856
BRE #02079289
Connor SearsSenior Director
310-469-9398
BRE #02010505
Richard RamerVice President
310-720-2994
BRE #02053543
Doug FillmoreSenior Director
310-469-9020
BRE #02092675
Michael SpiegelMarketing Director
424-255-1566
Benji GribnauDirector
424-322-9309
BRE #02069968
The team
c o m m e r c i a l r e a l e s tat e
L E A S I N G | I N V E S T M E N T S | S T R A T E G I C A D V I S O R Y