Investment Overview

Marcus & Millichap is pleased to offer 1400 Corporate Drive, a three-story office building located in Irving, Texas and minutes from DFW International Airport with easy access to both the George Bush Turnpike and Highway 114. The subject office building, built in 1983, is an excellent owner/user or investor opportunity. The property has a history of consistent cash flow, making it an enticing opportunity for an investor seeking a quality asset with significant upside in leasing vacant space. The property's location is in an attractive submarket for out-of-state companies relocating to the North Texas area and provides quick easy access to the Dallas/Fort Worth International Airport. The subject property allows for an owner-user to purchase the asset and have the existing tenants pay all the building’s expenses from the Tenant’s rental income with a positive cash-on-cash income after debt load, and enjoy the tax savings, control and appreciation in owning their office. Ideally accessible to the DFW metroplex, the property is situated between President George Bush Turnpike and Highway 114. The offices at 1400 Corporate Drive sees a high estimated average daily traffic count of 16,850 vehicles, and benefits from strong demographics, serving a five-mile population of approximately 206,867 residents with a three-mile average household income exceeding $106,893.