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Irving Plaza 930-1000 W Airport Fwy 76,847 SF 100% Leased Retail Building Irving, TX 75062 For Sale
Investment Highlights
- Heavy parking available: 4.64:1,000
- Pole signage
- NOI - $610,657.80, 11/1/2024
- Ability to occupy 40,385 SF Feb 1
- Frontage off 183
- Frontage on W Airport Freeway
Executive Summary
This centrally located asset spans over 8 acres, offering diverse opportunities for various buyers. Investors can quickly stabilize the property and achieve market rates, while owner-users can operate in over 50% of the space. Additionally, developers have the advantage of immediate cash flow with the potential for redevelopment in the near future. Sports uses could be a good optionality here - Pickleball, cricket, etc.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
76,847 SF
Building Class
C
Year Built/Renovated
1965/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.25
Lot Size
7.14 AC
Zoning
CC - Commercial
Parking
650 Spaces (4.64 Spaces per 1,000 SF Leased)
Frontage
787’ on Airport Fwy
Amenities
- Freeway Visibility
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 322227100A0020000 | Improvements Assessment | $1,597,200 |
| Land Assessment | $1,861,680 | Total Assessment | $3,458,880 |
Property Taxes
Parcel Number
322227100A0020000
Land Assessment
$1,861,680
Improvements Assessment
$1,597,200
Total Assessment
$3,458,880
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Irving Plaza | 930-1000 W Airport Fwy
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