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Walnut Hill Tech Center 1320 W Walnut Hill Ln 19,952 SF 92% Leased Office Building Irving, TX 75038 $3,500,000 ($175.42/SF) 6.90% Cap Rate
Investment Highlights
- Ideal for: Owner-users seeking partial occupancy with income-producing tenants or investors seeking upside potential
- Strategic Access: Near Highways 114, George Bush Turnpike, and I-635
- Monument and building signage on Walnut Hill Ln
- Surrounding Amenities: Close to Irving Convention Center, Las Colinas, and numerous dining/retail options
- Proximity to Airports: Minutes from DFW International and Dallas Love Field
- Nearby Medical Facilities: UT Southwestern Medical Center Las Colinas, Baylor Scott & White Medical Center – Irving, MacArthur Medical Center
Executive Summary
Prime location - close to Highway 114 and MacArthur Boulevard, Irving, TX.
2.3 acres of land.
19,952 SF building which is 54% occupied.
Small physical therapy pool
New roof
New flooring
2.3 acres of land.
19,952 SF building which is 54% occupied.
Small physical therapy pool
New roof
New flooring
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,952 SF
Building Class
B
Year Built/Renovated
1979/1995
Price
$3,500,000
Price Per SF
$175.42
Cap Rate
6.90%
NOI
$241,500
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,952 SF
Building FAR
0.20
Lot Size
2.30 AC
Zoning
PUD FWY, Irving - Commercial Zone
Parking
120 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Fitness Center
- Accent Lighting
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Hardwood Floors
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 973-1,500 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 973-1,500 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 973-1,500 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
Property Taxes
| Parcel Number | 32258380000010000 | Improvements Assessment | $596,320 |
| Land Assessment | $1,299,680 | Total Assessment | $1,896,000 |
Property Taxes
Parcel Number
32258380000010000
Land Assessment
$1,299,680
Improvements Assessment
$596,320
Total Assessment
$1,896,000
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Walnut Hill Tech Center | 1320 W Walnut Hill Ln
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