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Class A Flex Building with NNN Lease
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350 E Royal Ln, Irving, TX 75039

Class A flex building with a 10-year NNN lease; Cal Closet’s retail occupies a portion of the property.

Property Size159,478 SF
Days on Market837

Property Features for 350 E Royal Ln

General Information

Standard status Active
Size 159,478 SF
Class Class A
Property subtype FLEX_R_AND_D
Occupancy 86%

Additional Details

Highway Access Yes
Listing Agency: STRIVE
Listed By: Jennifer Pierson
Source: Moodyscre
Added: Apr 15, 2024 Changed: Jul 29 Last Checked: Jul 30 at 11:57AM

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.

Class A flex building in a flex/light manufacturing corridor, offering room for upside based on an 86% occupancy level. The property is supported by a brand new 10-year NNN lease, with Cal Closet’s retail occupying 22% of the space.

Tenancy is structured to support multiple tenants, with staggered lease turnover. The property provides convenient access to either HWY 114 or HWY 161 (PGBT) and is located off Royal Ln, which sees over 13,000 VPD.

With its flex building configuration and NNN lease structure, this asset is positioned for tenants seeking operational flexibility and straightforward leasing terms within a strong trade area.

Key Highlights

  • 159,478 SF Class A flex building
  • Brand new 10‑year NNN lease
  • 86% occupancy

Property Analytics

Current Use

Showbusiness Studios Hotel & Motel SpeedPro Irving Business To Business Service Communications Complex Business Park Monkedia Corporate Office Impact Forklift Solutions Big Box & Wholesale Store

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Building Supply Spa & Massage Center Auto Parts Store

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

86%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75039, TX

24,569
Population
13,286
Households
1.8
Avg Household Size
33
Median Age
76%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
4,310
Density / Sq Mi
$102,366
Median Household Income
$79,104
Median Earnings
$1,812
Median Rent
$567,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Cumin & Cardamom — 6215 Verbena Ln, Irving, TX 75039

Frequently Asked Questions

What type of property is this?
Flex space - Class A flex building with a 10-year NNN lease; Cal Closet’s retail occupies a portion of the property.
Where is this flex space located?
The property is located at 350 E Royal Ln Irving, TX.
What are key features of this property?
This property features: 159,478 SF Class A flex building; Brand new 10‑year NNN lease; 86% occupancy
(469) 844-8883 Call to check price and availability
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