1320 W Walnut Hill Ln, Irving, TX
19,952 SF renovated office building on 2.30 acres.
- Added:
- Dec 6, 2024
- Days on Market:
- 556
- Last Refresh:
- May 20 at 9:41 pm
Property Features for 1320 W Walnut Hill Ln
General Information
- Standard status
- Active
- Size
- 19,952 SF
- Lot size
- 2.30 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1320 W Walnut Hill Ln Contact us
Listing agent Sanober Syed (972) 707-1171
Listing office Lion's Gate Medical (972) 707-1171
Listing date Dec 6, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lion's Gate Medical
HighLights
- 19,952 SF stand alone one‑story office building
- Generous parking: 6: 1,000 SF Parking (120 Spaces)
- Recently renovated
- Benefit from building and monument signage on Walnut Hill
- Conveniently close to highway 635 and President George Bush Turnpike
- Situated on 2.30 acres
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $478.8k | $24.00 |
| − Vacancy | −$120.7k | −$6.05 |
| EGI | $358.2k | $17.95 |
| − OpEx | −$89.5k | −$4.49 |
| NOI | $268.6k | $13.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Irving
- County
- Dallas
- State
- Texas
- Longitude
- -96.9713
- Latitude
- 32.8844
