Medical Office Building with Dental
For Sale
Contact for pricing
737 Irby Ln, Irving, TX 75061
Two-suite medical office with 12 years of dental lease remaining in place.
Property Size3,162 SF
Price / SF$189.72
Days on Market329
Property Features for 737 Irby Ln
General Information
Standard status
Active
Size
3,162 SF
Property subtype
OFFICE
Additional Details
Office Units
2
Building Details
Year Renovated
2020
Buildings
1
Tenancy
Multi
Listing Agency:
Caprice Michelle, LLC
(214) 789-7364
Listed By:
Caprice Michelle Swiercinsky, MAPS
(214) 789-7364
Source:
Moodyscre
Added: Sep 5, 2025
Changed: Jul 30
Last Checked: Jul 30 at 9:40AM
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
Investment Insights
Based on property information with market context.
This medical office building offers two separate suites, including a dental suite with 12 years of lease term remaining. The dental suite is 1,656 square feet, and the second suite is 1,510 square feet, providing flexibility for an end user or a leasing opportunity.
The property has been used for a long-term dental practice since 1968. Improvements include a new roof installed in 2020, along with new windows and signage.
Situated at 737 Irby Ln in Irving, TX 75061, the building is also offered for lease, in addition to sale.
The property has been used for a long-term dental practice since 1968. Improvements include a new roof installed in 2020, along with new windows and signage.
Situated at 737 Irby Ln in Irving, TX 75061, the building is also offered for lease, in addition to sale.
Key Highlights
- Two‑suite medical office with 12 years of dental lease term remaining
- Dental suite measures 1,656 SF
- Second suite measures 1,510 SF
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 |
3,162 SF · lease $24.00/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$608.2K
$532.2K – $709.6K
NOI $42,573 @ 7.0% cap · market cap 7.10%
Second Best
Healthcare Medical
$585.4K
$512.3K – $683.0K
NOI $40,980 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K
NOI $56,764 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75061, TX
55,828
Population
20,187
Households
2.8
Avg Household Size
33
Median Age
17%
College-Educated
66%
High-School Grad
11.6 sq mi
ZIP Area
4,813
Density / Sq Mi
$61,260
Median Household Income
$33,388
Median Earnings
$1,292
Median Rent
$228,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-suite medical office with 12 years of dental lease remaining in place.
Where is this medical office space located?
The property is located at 737 Irby Ln Irving, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑suite medical office with 12 years of dental lease term remaining; Dental suite measures 1,656 SF; Second suite measures 1,510 SF
