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Two-Story Medical Office Condo
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421 E Royal Ln Ste 100, Irving, TX 75039

Two-story medical office condominium occupied by one tenant under an NNN lease.

Property Size7,036 SF
Days on Market11

Property Features for 421 E Royal Ln Ste 100

General Information

Standard status Active
Size 7,036 SF
Class B
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Stabilized

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 1

Building Details

Year Built 2019
Stories 2
Tenancy Single
Listing Agency: Capstone Commercial Real Estate Group LLC
Listed By: Larry Robbins · License #340927
Source: Crexi
Added: Aug 11 Changed: Aug 18 Last Checked: Aug 20 at 3:20PM

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 Real Estate Group LLC

Investment Insights

Based on property information with market context.

This 7,036-square-foot medical office condominium occupies two stories within Victory at Riverside, a project completed in 2019. The unit is fully leased to Blue Light Therapies under a single-tenant NNN arrangement that extends through March 2030, includes contractual rent increases, and provides a renewal option. Lease documents, plans, and financial statements are available to qualified buyers upon request.

The condominium sits at the hard corner of E Royal Ln and Riverside Dr, where traffic is approximately 17,378 VPD. Class-A multifamily properties surround the project, while the Citigroup and Fluor global campuses are located nearby. Connections to SH-114, I-635, I-35E, and the President George Bush Turnpike provide access across the DFW area.

Key Highlights

  • 7,036 SF two‑story medical office condominium
  • 100% leased to Blue Light Therapies
  • Single‑tenant NNN lease through March 2030

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

1
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
Under-served
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 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?
Medical Office Space - Two-story medical office condominium occupied by one tenant under an NNN lease.
Where is this medical office space located?
The property is located at 421 E Royal Ln Ste 100 Irving, TX.
What are key features of this property?
This property features: 7,036 SF two‑story medical office condominium; 100% leased to Blue Light Therapies; Single‑tenant NNN lease through March 2030
(214) 766-9101 Call to check price and availability
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