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Irving Shopping Centers for Sale
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Shopping Centers For Sale in Irving
Irving, Texas, is a key city in Dallas County, known for its strong infrastructure and location in the Dallas–Fort Worth metroplex, making it a prime spot for shopping centers. Irving presents many opportunities for investors and business owners. Understanding what is commercial real estate is critical in Irving’s varied economic setting. The city boasts an extensive transportation network, including major highways and the Dallas Area Rapid Transit (DART) system, providing easy access to properties. Additionally, the educational system, featuring the University of Dallas and North Lake College, and its location in the Mid-Cities region and parts of the Dallas Fort Worth International Airport, make Irving a key spot for commercial real estate investments, especially in shopping centers.
Shopping centers in Irving are supported by the city's strong economy and diverse population, ensuring steady customer traffic and a range of retail tenants. The close proximity to major corporate headquarters and the Las Colinas mixed-use master-planned community increases the appeal of these properties. For investors interested in a "like-kind" property for a 1031 exchange, Irving offers suitable properties. Besides shopping centers, Irving also has a variety of other commercial properties, including apartment buildings to accommodate the growing population; restaurants that reflect Irving’s diverse food scene; specialty properties offering unique investment chances; and office spaces, well-placed for both large and small businesses. This range of property types highlights Irving’s active commercial real estate market. With its well-located shopping centers and diverse commercial property types, Irving offers a valuable opportunity for investors and businesses aiming to leverage the city’s economic and geographical benefits.
Learn About Shopping Centers For Sale in Irving
How many shopping centers listings are available for sale in Irving, TX?
There are currently 4 shopping centers listings available for sale in Irving, TX.
What factors should I consider when searching for shopping centers for sale in Irving, TX?
When searching for shopping centers for sale in Irving, TX, it's important to evaluate several key aspects to ensure the investment aligns with your goals.
- Assess the economic landscape of Irving, including the presence of large corporations and a diverse educational framework, which can influence consumer spending and foot traffic.
- Consider the proximity to key infrastructure such as major highways (SH 183, I-635, SH 114, and the President George Bush Turnpike) and public transportation options (DART and Trinity Railway Express), facilitating easy access for customers.
How much does it cost to buy a shopping center in Irving, TX?
The cost to buy a shopping center in Irving varies widely, but the average price per square foot is $378, with an average size of 22,690 SF.
What is the largest shopping center available to buy in Irving?
The largest shopping center available for purchase in Irving spans 76,847 SF.
Why is Irving an ideal location for shopping centers for sale?
Irving boasts a dynamic economy, extensive transportation networks including major highways and DART access, and a large, diverse population, making it a strategic location for shopping centers.
Size Summary For Irving Shopping Centers
| Shopping Center Size | Square Feet |
|---|---|
| Maximum | 76,847 SF |
| Average | 22,690 SF |
| Minimum | 3,750 SF |
Cap Rate for Irving Shopping Centers
| Shopping Center Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 8% |
| Average | 8% |
| Minimum | 8% |
Prices for Irving Shopping Centers
| Shopping Center Price | Price Per SF |
|---|---|
| Maximum | $517 Per SF |
| Average | $378 Per SF |
| Minimum | $293 Per SF |
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