- Built in 1985
- Well Suited for Owner Occupancy
- Versatile asset with a 100% HVAC warehouse, heavy power, and move-in-ready office space immediately accessible to Interstate 35, Loop 12, 114, and 183.
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Irving, Texas, is a key city in Dallas County, known for its location in the Mid-Cities region of the Dallas–Fort Worth metroplex. Its part of the Dallas Fort Worth International Airport highlights its significant role in the area's logistics and transportation. Understanding what is commercial real estate and the types of properties that fit your budget and return expectations is essential when starting. Irving boasts a strong infrastructure, including major highways and DART services, and a solid educational system with institutions like the University of Dallas and North Lake College. This makes it a prime location for commercial real estate investments. The city's geographical and economic environment, combined with its racial and ethnic diversity, offers a promising landscape for businesses and investors aiming to leverage Irving's growth and strategic position.
Irving's commercial real estate market benefits from the city's comprehensive transportation network, facilitating easy access and connectivity. Its closeness to large corporate headquarters and a thriving educational scene adds to the attractiveness of commercial properties here. The presence of diverse industries and inclusion in the Dallas Area Rapid Transit (DART) network increase the appeal of investing in this area. Irving also has industrial properties important for manufacturing or warehousing; apartment buildings that serve its diverse population; office spaces desired by corporations and startups due to the city's economic activity; and hotels that profit from tourism and corporate travel linked to the Dallas Fort Worth International Airport and corporate headquarters. These property types contribute to Irving's diverse real estate market. The city's focus on infrastructure, transportation, and education, along with the variety of its real estate options, highlight the wide range of investment opportunities in Irving. For investors looking for a "like-kind" property for a 1031 exchange, Irving offers properties that could suit your needs.
Commercial Real Estate Size | Square Feet |
---|---|
Maximum | 487,824 SF |
Average | 36,160 SF |
Minimum | 577 SF |
Commercial Real Estate Cap Rate | Cap Rate Percentage |
---|---|
Maximum | 8.05% |
Average | 6.09% |
Minimum | 4% |
Commercial Real Estate Price | Price Per SF |
---|---|
Maximum | $1,622 Per SF |
Average | $377 Per SF |
Minimum | $105 Per SF |
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