861-975 John Carpenter Fwy Irving, TX 75039
Las Colinas Village offers exceptional retail and office space in a thriving Dallas County location. This neighborhood center boasts a total of 104,915 square feet, with 8,061 square feet currently vacant and divisible into units as small as 2,700 square feet, with a maximum contiguous space of 8,061 square feet. The property benefits from its strategic placement at the intersection of Highway 114 and MacArthur Blvd, providing high visibility and accessibility. This dynamic location serves a substantial daytime workforce, attracting business lunches and services, while its vibrant evening atmosphere caters to happy hour and nightlife. The surrounding area is characterized by a high average household income exceeding $100,000, and a significant daytime population exceeding 100,000, fueled by the presence of 53 Fortune 500 companies and five global headquarters within Las Colinas, including Microsoft, Exxon, McKesson, and Fluor. Las Colinas itself is a master-planned community encompassing over 40 residential neighborhoods, and has experienced remarkable growth, with a 21.6% population increase since 2010, consistently ranking among the top 5 best-performing submarkets in the DFW MSA. Its proximity to both DFW Airport (6 miles) and Dallas Love Field (11 miles) further enhances its appeal and accessibility. This presents a unique opportunity to establish a presence in a high-demand, rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.