737 Irby Ln Irving, TX 75061

Building Details

Year Built

1968

Spaces For Lease

at 737 Irby Ln Contact us

Listing office Caprice Michelle LLC c***@gmail.com Show Phone

Listing date Jun 18, 2022

Source Crexi

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Investment Insights

Based on property information with market context.

This property offers a 1031 investment opportunity with an existing dental lease in place for 12 years. The building features two suites, one occupied by a dental practice (1656 square feet) and the other available for lease or owner-occupancy (1510 square feet). The dental suite has been a long-term practice location since 1968. The current rent for the dental side is $3,640 per month ($43,680 annually) until May 31, 2026, increasing to $3,710 per month until May 31, 2027. The available suite has a separate entrance and has been recently remodeled to include several offices, a kitchen, and a full bathroom. Potential uses for the available suite include medical offices, an insurance company, or any small business. A new roof was installed in 2020, along with new windows and signage. The lease includes an additional $250.00 per month for NNN (triple net) expenses. Furthermore, the other suite, currently used as a dental facility, will also be available for lease.

Key Highlights

• Existing dental lease in place, offering immediate income.
• Second suite available for lease or owner‑occupancy with separate entrance.
• Recently remodeled suite featuring several offices, a kitchen, and a full bathroom.

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FAQs

What type of property is this?

1031 exchange property - Investment opportunity with existing lease and potential for additional tenant.

Where is this 1031 exchange property located?

The property is located at 737 Irby Ln Irving, TX.

What are key features of this property?

This property features: Existing dental lease in place, offering immediate income.; Second suite available for lease or owner‑occupancy with separate entrance.; Recently remodeled suite featuring several offices, a kitchen, and a full bathroom.