Occupied Office
For Sale
Contact for pricing
Pending
2925 Country Club Rd, Irving, TX 76210
Multi-suite office property with medical and professional tenants and predominantly NNN leases.
Property Size18,164 SF
Days on Market490
Property Features for 2925 Country Club Rd
General Information
Standard status
Pending
Size
18,164 SF
Property subtype
OFFICE
Occupancy
94%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
STRIVE
(469) 844-8880
Listed By:
Andrew Robeson
(469) 844-8049
Source:
Moodyscre
Added: May 2, 2025
Changed: Aug 29
Last Checked: Sep 2 at 12:52AM
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 STRIVE
Investment Insights
Based on property information with market context.
This 18,164-square-foot office complex is 94% occupied and configured for multiple smaller suites. The tenant roster includes medical and professional users, supporting a varied office environment within the property. A majority of the leases are structured as NNN, while 34% of GLA has remained occupied for 8+ years.
The property combines established tenancy with additional leasing considerations identified in the current occupancy profile. Its office configuration and mix of smaller units provide a practical format for continued professional and medical occupancy. Lease structures and tenant tenure offer clear operating context for evaluating the asset.
The property combines established tenancy with additional leasing considerations identified in the current occupancy profile. Its office configuration and mix of smaller units provide a practical format for continued professional and medical occupancy. Lease structures and tenant tenure offer clear operating context for evaluating the asset.
Key Highlights
- 18,164‑square‑foot office complex with 94% occupancy
- Mix of medical and professional tenants in smaller units
- Majority of leases are structured as NNN
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$244,560
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,891,200
$4.9M
Cap Rate 7%
$3,493,714
$3.5M
Cap Rate 9%
$2,717,333
$2.7M
Market Conditions
NOI Build-Up for 18,164 SF
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.
Gross rent
$435.9K $24.00/SF
− Vacancy
−$109.9K −$6.05/SF
EGI
$326.1K $17.95/SF
− OpEx
−$81.5K −$4.49/SF
NOI
$244.6K $13.46/SF
Area
Irving, TX
Vacancy
25.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,891,200
Cap Rate 7%
$3,493,714
Cap Rate 9%
$2,717,333
Alternative Uses
Best Use
Office B
$3.49M
$3.06M – $4.08M
NOI $244,560 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.66M
$4.08M – $5.43M
NOI $326,080 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
94%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 76210, TX
46,211
Population
16,914
Households
2.7
Avg Household Size
36
Median Age
43%
College-Educated
93%
High-School Grad
16.1 sq mi
ZIP Area
2,870
Density / Sq Mi
$108,438
Median Household Income
$55,976
Median Earnings
$1,774
Median Rent
$348,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-suite office property with medical and professional tenants and predominantly NNN leases.
Where is this office building located?
The property is located at 2925 Country Club Rd Irving, TX.
What is the asking price?
The asking price for this property is $3,145,000.
What are key features of this property?
This property features: 18,164‑square‑foot office complex with 94% occupancy; Mix of medical and professional tenants in smaller units; Majority of leases are structured as NNN
