3000 Macarthur Blvd Irving, TX 75062-4493
This exceptional Class A, 6,600 square foot medical office building presents a compelling investment opportunity. Located in Irving, Texas, at 3000 N MacArthur Blvd, this multi-tenant property boasts three dental practices under new 10-year NNN leases with 3% annual rent bumps and two 5-year renewal options. The building, renovated in 2024, enjoys 100% occupancy, generating a substantial net operating income (NOI) of $240,000 and a 7.50% cap rate. The asking price is $3,200,000, translating to $485 per square foot. Situated on a high-traffic thoroughfare (MacArthur Blvd, over 30,000 vehicles per day) near Hwy 183 and Baylor Scott & White Medical Center (293 beds), this property benefits from excellent visibility and proximity to a large patient base. The strong demographics of Irving, with a 17.6% population increase since 2010 and average household incomes exceeding $85,000 within a five-mile radius, further enhance its investment appeal. The Dallas-Fort Worth MSA's robust economic growth and the inherent stability of healthcare tenants contribute to the long-term value and potential of this exceptional investment. The minimal landlord responsibilities inherent in the NNN lease structure provide a passive income stream with significant upside potential. This property offers a rare combination of strong current performance and future growth prospects within a thriving market.
-
Joseph Elizabeth DDS Dental Office
-
The Smile Spa at Dr. David Nix Dental Office
-
Thomas Damian Nabors Dental Office
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
Z57 · 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.