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Property profile & analytics
OFF-MARKET
Neighborhood centers

861-975 John Carpenter Fwy Irving, TX 75039

104,915 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Total area 104,915 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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