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2000 Market Place Blvd
Irving, TX 75014
Huge Upside | 11% Proforma CAP · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Former 55,000 SF Dick's Sporting Goods Retail Center next to Best Buy
  • Las Colinas Community: 12,000 Acres with 25 Million SF Office & Over 8,500 Companies
  • Just South of Cypress Waters: 1,000 Acres Master-Planned Community
  • Strong Proforma NOI 2023 | Cap 11.15%
  • Very High Average Household Income of $126,471 Within 3 Mile Radius
  • Desirable 26ft Ceiling Height Throughout

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
55,008 SF
Building Class
B
Year Built/Renovated
2008/2021
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
4.88 AC
Zoning
Z323 - Commercial
Parking
300 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
803’ on LBJ Freeway

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Enclosed Mall

ABOUT 2000 MARKET PLACE BLVD , IRVING, TX 75014

Marcus & Millichap is pleased to offer for sale, a 55,000 SF retail property in Irving, Texas. The subject property is a part of Hunter Plaza with approximately 200,000 square feet. This property was constructed in 2008 and is comprised of 55,000 square feet of rentable space on 4.88 acres of land at Olympus Boulevard and Market Place Boulevard facing highly travelled Interstate 635. It was formerly occupied by Dick's Sporting Goods until 2019. Currently 30,000 SF is occupied by Ground Control Trampoline Park on 10 year NNN lease in place. The property is situated within the highly desirable Irving / Las Colinas submarket with high average household income of $175,727, upscale neighborhood and close proximity to downtown Dallas and DFW Airport. Las Colinas is a 12,000 acres with over 25 million square feet of office space and over 8,500 companies. This great location is home to a number of Fortune 500 companies and high-tech firms, attracting a highly educated and skilled workforce to live, work and play in Irving / Las Colinas area. Just north of subject property is a new 1,000 acres master-planned community of Cypress Waters with water-front office, retail and housing development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
322799000A1C10000
Land Assessment
$941,460
Improvements Assessment
$5,133,540
Total Assessment
$6,075,000
  • Listing ID: 19091912

  • Date on Market: 4/2/2020

  • Last Updated:

  • Address: 2000 Market Place Blvd, Irving, TX 75014

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