Weitzman Acquires Cooper Street Annex Retail Center In Arlington Texas For Closed Transaction
1540 West Interstate 20
Building Size
87,857 SF
Asset Type
Retail
Closing
Apr 15, 2026
AI
The property asset involved in the transaction is the Cooper Street Annex retail center located at 1520-1540 West Interstate 20 in Arlington, Texas. This retail center encompasses 87,857 square feet and is fully leased. It is strategically situated near the Parks at Arlington mall and includes notable tenants such as Cavender’s Boot City and O’Reilly Auto Parts.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1520-1540 West Interstate 20
- Market: Arlington
- Square Footage: 87,857
- Buyer: R. Marshall Mills
- Buyer's Representative: Stephen R. Schmidt, Nick Cate & Eric Yoo - Weitzman
- Seller's Representative: Summit RE
The transaction was facilitated through Weitzman's affiliated partnership, Cooper Street Annex Ltd. Following the acquisition, Weitzman will maintain property management of the retail center.
Players
Arlington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93