737 Irby Ln, Irving, TX 75061
Dental office building with long-term lease in place.
- Added:
- Sep 5, 2025
- Days on Market:
- 283
- Last Refresh:
- Apr 5 at 8:36 pm
Property Features for 737 Irby Ln
General Information
- Standard status
- Active
- Size
- 3,162 SF
- Lot size
- 0.28 Acres
- Property subtype
- OFFICE
Listing agent Caprice Michelle Swiercinsky, MAPS (214) 789-7364
Listing office Caprice Michelle, LLC (214) 789-7364
Listing date Sep 5, 2025
Source Moodyscre
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 Caprice Michelle, LLC
HighLights
- 12‑year dental lease in place provides immediate investment income.
- Suitable for 1031 exchange.
- Second suite offers flexibility for owner‑occupancy or leasing.
- Two suites: 1656 sq ft (dental) and 1510 sq ft.
- Long‑term dental practice history since 1968.
- New roof installed in 2020.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.9k | $24.00 |
| − Vacancy | −$19.1k | −$6.05 |
| EGI | $56.8k | $17.95 |
| − OpEx | −$14.2k | −$4.49 |
| NOI | $42.6k | $13.46 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Story Road Animal Hospital: Glenn Tandy DVM — 600 N Story Rd, Irving, TX 75061
Location Insight
- Map
- Local Demand
- City
- Irving
- County
- Dallas
- State
- Texas
- Longitude
- -96.968
- Latitude
- 32.8218