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Warehouse

Value-Add Industrial | Dallas MSA

1336 S Irving Heights Dr, Irving, TX 75060

Listing Price: $2,100,000

Cap Rate
7.98%
Gross SF
22,000
Price/Gross SF
$95.45
Lot Size
2.34 acres
Year Built
1967
Rentable SF
22,000

Investment Overview

--Excellent Real Estate Fundamentals--

-Strong Market Fundamentals – Located in a Dense, Infill Industrial Corridor Just West of Downtown Dallas With Over 210,000 Residents Within a 5-Mile Radius

-Value-Add Opportunity – Current Lease Is Significantly Below Market, With Rents at Just $7.32 PSF and No Renewal Options, Creating Upside Potential Upon Lease Expiration

-Exceptional Visibility & Access – Situated on Highway 12 With Traffic Counts Exceeding 132,000 Vehicles Per Day and Immediate Access to I-35E, I-635, Loop 12, and Highway 183

-Connectivity to Major Employment Hubs – The Site Provides Direct Access to Over 7 Million Residents and the Largest Employment Centers Across the DFW Metro Area

-Established Industrial Trade Zone – Surrounded by National Users Including United Rentals, Landmark Equipment, Estes Express Lines, Ahern Rentals, and Others, Reinforcing the Area’s Industrial Strength

-Nation-Leading Demographics – The Dallas/Fort Worth MSA Ranks Among the Top in the Nation for Population Growth, Adding 97,290 Residents From July 2020 to July 2025

Investment Highlights

  • Attractive Real Estate Metrics – Low In-Place Rent of $7.32 PSF NNN and an Attractive Price Per Square Foot of $95.45
  • New 20-Year Roof Membrane Worth $127,000 Installed in 2021
  • Strategic Location – Centrally Located Within the Dallas/Fort Worth Metro (Over 1,000,000 People in a 10-Mile Radius)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Warehouse

Value-Add Industrial | Dallas MSA

Listing Price: $2,100,000

Cap Rate
7.98%
Gross SF
22,000
Price/Gross SF
$95.45
Lot Size
2.34 acres
Year Built
1967
Rentable SF
22,000

Investment Highlights

  • Attractive Real Estate Metrics – Low In-Place Rent of $7.32 PSF NNN and an Attractive Price Per Square Foot of $95.45
  • New 20-Year Roof Membrane Worth $127,000 Installed in 2021
  • Strategic Location – Centrally Located Within the Dallas/Fort Worth Metro (Over 1,000,000 People in a 10-Mile Radius)

Investment Overview

--Excellent Real Estate Fundamentals-- -Strong Market Fundamentals – Located in a Dense, Infill Industrial Corridor Just West of Downtown Dallas With Over 210,000 Residents Within a 5-Mile Radius -Value-Add Opportunity – Current Lease Is Significantly Below Market, With Rents at Just $7.32 PSF and No Renewal Options, Creating Upside Potential Upon Lease Expiration -Exceptional Visibility & Access – Situated on Highway 12 With Traffic Counts Exceeding 132,000 Vehicles Per Day and Immediate Access to I-35E, I-635, Loop 12, and Highway 183 -Connectivity to Major Employment Hubs – The Site Provides Direct Access to Over 7 Million Residents and the Largest Employment Centers Across the DFW Metro Area -Established Industrial Trade Zone – Surrounded by National Users Including United Rentals, Landmark Equipment, Estes Express Lines, Ahern Rentals, and Others, Reinforcing the Area’s Industrial Strength -Nation-Leading Demographics – The Dallas/Fort Worth MSA Ranks Among the Top in the Nation for Population Growth, Adding 97,290 Residents From July 2020 to July 2025

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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