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Irving, Texas, is a prime location for buying office spaces, supported by its strong infrastructure, strategic position in the Dallas–Fort Worth metroplex, and a wide range of educational institutions. The city's extensive transportation network, including major highways and the DART system, provides easy access to local and regional clients. Understanding what is commercial real estate is crucial for first-time investors to identify properties that match their budget and return expectations. The presence of large corporations and educational institutions creates a strong economic environment and ensures a continuous influx of talent and innovation. Irving's location, part of the Las Colinas mixed-use master-planned community and close to the Dallas Fort Worth International Airport, makes it an excellent choice for businesses looking to start or grow.
Office spaces for sale in Irving benefit from being in a dynamic part of Dallas County and close to essential infrastructure like the Dallas/Fort Worth International Airport and major highways, which facilitate business operations and connectivity. Being near Las Colinas, a leading mixed-use development, adds value and numerous amenities that can improve business operations. For investors interested in a "like-kind" property for a 1031 exchange, Irving offers suitable properties. Besides office spaces, the city has a range of other property types such as commercial real estate, apartment buildings, shopping centers, and hotels, providing unique investment opportunities in this thriving area. The varied property landscape in Irving means investors and businesses can find spaces that meet their strategic objectives. These aspects highlight Irving's attractiveness as a top location for buying office space and other real estate investments.
| Office Space Size | Square Feet |
|---|---|
| Maximum | 487,824 SF |
| Average | 50,305 SF |
| Minimum | 779 SF |
| Office Space Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 8% |
| Average | 6.91% |
| Minimum | 5.75% |
| Office Space Price | Price Per SF |
|---|---|
| Maximum | $1,109 Per SF |
| Average | $465 Per SF |
| Minimum | $147 Per SF |
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