Property summary
This exceptional 19,182 square foot industrial property in Irving, Texas, presents a unique sale-leaseback opportunity. The Class B building, constructed in 1972, features 19,182 square feet of net rentable space on a 0.97-acre lot, zoned ML-20. The single-story structure boasts a 16-foot ceiling height, two dock-high doors, and two loading docks, ensuring efficient operations. The property includes approximately 2,500 square feet of office space and approximately 7,000 square feet of cooler space (tenant-owned). Four restrooms are conveniently located within the building. The property enjoys excellent access to major transportation arteries, including Highways 183, 35E, Spur 482, and Highway 12, and is situated near Love Field. The current tenant is established and has a long-term leaseback agreement in place, providing immediate and consistent cash flow. The asking price is $3,450,000, translating to $179.86 per square foot. This is a 100% occupied, single-tenancy property with an absolute NNN lease. This is an ideal investment for those seeking a stable, income-generating asset in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Florist
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Z128 · Irving, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for Z128 in Irving, TX.
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