2221 Grauwyler Rd Irving, TX 75061-3295

Property Details for 2221 Grauwyler Rd

Year built

1984

Construction

TILT-UP CONCRETE

Lot size

0.96 lot acres

Property size

8,648 SF

Zone code

Z392

Property type

Showrooms

APN

321497800A0010000

APU

321497800A0010000

Description

This exceptional value-add investment opportunity presents a fully leased, 15,020-square-foot industrial property situated on a 0.96-acre lot in Irving, Texas. The property, comprised of two single-story buildings, boasts 100% occupancy across five tenants under a triple-net (NNN) lease structure, providing stable income. Built in 1984, the Class C property features 13 loading docks, 61 parking spaces, and a generous 18-foot ceiling height. The flexible space is ideal for a variety of industrial and retail uses, as evidenced by its current tenant mix. Located at 2221 & 2219 E Grauwyler Rd, this prime location offers unparalleled accessibility, situated less than 0.4 miles from Loop 12 and Highway 183, providing convenient access to DFW International Airport and Dallas Love Field. The property is zoned SP1 and offers significant potential for future appreciation. The asking price is $2,300,000, representing a compelling $153.13 per square foot and a 5.81% capitalization rate. This is a rare opportunity to acquire a well-located, fully occupied industrial portfolio with strong income generation and significant upside potential.

Location Insight

City

Irving

County

Dallas

State

Texas

Longitude

-96.9128

Latitude

32.8314

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments