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Leased Two-Level Office Unit
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421 E Royal Ln, Irving, TX 75039

Turnkey office condominium occupied by one tenant under an NNN lease with contractual rent increases and a renewal option.

Property Size7,036 SF
Days on Market5

Property Features for 421 E Royal Ln

General Information

Standard status Active
Size 7,036 SF
Property subtype OFFICE
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 2019
Tenancy Single
Listing Agency: Capstone Commercial
Listed By: Larry Robbins · License #340927
Source: Moodyscre
Added: Aug 11 Changed: Aug 14 Last Checked: Aug 14 at 5:44AM

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 Capstone Commercial

Investment Insights

Based on property information with market context.

This 7,036-square-foot office condominium is offered as a standalone unit, with no re-plat required. Completed in 2019, the property features a turnkey two-level finish-out and is fully leased to Blue Light Therapies under an NNN lease extending through March 2030. Contractual rent increases and a renewal option are included in the lease structure.

The property occupies a hard-corner position on E Royal Ln in Las Colinas, where traffic is approximately 17,378 VPD. Citigroup and Fluor corporate campuses are adjacent, while Class-A multifamily surrounds the site. Access to SH-114, I-635, I-35E, and PGBT is within minutes, and DFW Airport and Love Field are each approximately 20 minutes away.

Lease documents, plans, and financial information are available to qualified buyers upon request. The surrounding three-mile area has an average household income of $134K.

Key Highlights

  • ±7,036 SF Suite 100 sold as an individual condominium unit; no re‑plat required
  • 100% leased to Blue Light Therapies through March 2030 on an NNN lease
  • 2019 construction with turnkey two‑level finish‑out

Property Analytics

Current Use

Shine Bright Insurance ... Insurance Agency Blue Light Therapies Medical Clinic

Suggested Use

Top Pick Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Real Estate Agency Hair Salon

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Turnkey office condominium occupied by one tenant under an NNN lease with contractual rent increases and a renewal option.
Where is this office units located?
The property is located at 421 E Royal Ln Irving, TX.
What are key features of this property?
This property features: ±7,036 SF Suite 100 sold as an individual condominium unit; no re‑plat required; 100% leased to Blue Light Therapies through March 2030 on an NNN lease; 2019 construction with turnkey two‑level finish‑out
(214) 766-9101 Call to check price and availability
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