Building Details

Tenancy Multi

Listing Agency: JLL Dallas | Victory Park Show Phone

Listed By: Barry Brown · License #TX 000066272

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 13 at 6:49AM

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Investment Insights

Based on property information with market context.

Irving Market Center is a 227,110-square-foot shopping center offered for sale as a 99% leased asset. The property is anchored by Best Buy, PetSmart, and Ross Dress for Less and is described as having stable cash flow supported by a national tenant roster.

The center is located directly off TX-183 at the heavily trafficked intersection of W Airport Freeway and Cheyenne St in Irving, Texas. Per the offering materials, the tenant roster accounts for 90% of in-place cash flow with an average tenant tenure of 17 years, and the property is described as drawing well over 2.1 million annual visitors. The offering also notes approximately 4 years of remaining WALT and highlights potential value enhancement opportunities, including the ability to spin off multiple single- and multi-tenant pads.

Key Highlights

• 227,110 SF shopping center in Irving, TX, located directly off TX‑183 at the W Airport Freeway & Cheyenne St intersection
• 99% leased shopping center anchored by Best Buy, PetSmart, and Ross Dress for Less
• Tenants are primarily national, with a roster accounting for 90% of in‑place cash flow

Property Analytics

Current Use

KeyExpress Locksmiths Locksmith Best Buy Electronics & Wireless Store Geek Squad Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Garden Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

99%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

891

Businesses Nearby

1k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Electronics 100%

Metro by T-Mobile Electronics

1,203 visits/mo 0.5 miles

Demographics for 75062, TX

50,466

Population

18,718

Households

2.7

Avg Household Size

33

Median Age

35%

College-Educated

77%

High-School Grad

10.6 sq mi

ZIP Area

4,761

Density / Sq Mi

$70,792

Median Household Income

$36,817

Median Earnings

$1,419

Median Rent

$254,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - 99%-leased shopping center anchored by Best Buy, PetSmart, and Ross, off TX-183 at W Airport Freeway & Cheyenne St.

Where is this shopping center located?

The property is located at 4017 W Airport Fwy Irving, TX.

What are key features of this property?

This property features: 227,110 SF shopping center in Irving, TX, located directly off TX‑183 at the W Airport Freeway & Cheyenne St intersection; 99% leased shopping center anchored by Best Buy, PetSmart, and Ross Dress for Less; Tenants are primarily national, with a roster accounting for 90% of in‑place cash flow