2221 Grauwyler Rd Irving, TX 75061-3295
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.
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TG Customz Shop Electronics & Wireless Store Auto Parts Store
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C- Studios (Bike/Boat/Book/etc) Store Photography Service
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A Miranda Forklift Corporate Office
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Coe Builders Inc Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z392 · Irving, TXIrving. Always verify with local authorities before improvements.
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.