Renovated Office
4201 N State Highway 161, Irving, TX 75038
For Sale
Contact for pricing
Two-story configuration with updated lobby, common areas, lighting, landscaping, and restrooms.
Property SizeContact for details
Days on Market27
Property Features for 4201 N State Highway 161
General Information
Standard status
Class
Property subtype
Occupancy
Site & Location
Neighborhood
Additional Details
Cap Rate
Tenant in Place
Property Use
Building Details
Year Built
Year Renovated
Stories
Construction
Tenancy
Listing Agency:
Acuity Private Capital
Listed By:
Bryan Webb · License TX #01826546
(415) 274-2717
Source:
Crexi
Added: Oct 17
Changed: Nov 8
Last Checked: Nov 12 at 6:43AM
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 Acuity Private Capital
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Airport Corporate Center is a two-story office building in Irving, Texas, built in 2007 and renovated in 2022. The work included a new lobby, refreshed common-area flooring, LED lighting, paint, landscaping and hardscaping, a monument sign, and restroom updates. The property is 87% occupied, with 13,528 SF of vacancy. Enterprise Rent-a-Car, Texas Tech University, and Equipment One Co. dba Vermeer Texas-Louisiana are tenants under NNN leases; leases include annual rent growth.
Located at 4201 N State Highway 161, the office property is identified as Class B+ and constructed of reinforced concrete. The reported first-year cap rate is 9.26%, with 4.5 years of WALT.
Located at 4201 N State Highway 161, the office property is identified as Class B+ and constructed of reinforced concrete. The reported first-year cap rate is 9.26%, with 4.5 years of WALT.
Key Highlights
- 87% occupied, with 13,528 SF of vacancy
- First‑year cap rate of 9.26% and 4.5 WALT
- NNN leases with Enterprise Rent‑a‑Car, Texas Tech University, and Equipment One Co. dba Vermeer Texas‑Louisiana
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
87%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 75038, TX
32,928
Population
15,385
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
7.6 sq mi
ZIP Area
4,333
Density / Sq Mi
$69,013
Median Household Income
$47,093
Median Earnings
$1,467
Median Rent
$391,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Office buildings in Irving
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story configuration with updated lobby, common areas, lighting, landscaping, and restrooms.
Where is this office building located?
The property is located at 4201 N State Highway 161 Irving, TX.
What is the asking price?
The asking price for this property is $16,250,000.
What are key features of this property?
This property features: 87% occupied, with 13,528 SF of vacancy; First‑year cap rate of 9.26% and 4.5 WALT; NNN leases with Enterprise Rent‑a‑Car, Texas Tech University, and Equipment One Co. dba Vermeer Texas‑Louisiana
