Prime Office Building for Sale in Las Colinas, Irving, TX
Financial Details
- Asking Price:
- $20,000,000
- Annual Revenue:
- $3,805,319
- Cash Flow / SDE:
- $2,330,048
- Profit Metric:
- NOI
- Valuation Multiple:
- 8.6x
- Location:
- Irving, TX, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a prime office building for sale in the desirable Las Colinas area of Irving, Texas. The property spans 155,571 SF RBA across 8 floors and features 593 parking spaces. Recently renovated between 2022-2023, the building boasts a high occupancy rate of 92.5% with over 5 years of Weighted Average Lease Term (WALT), anchored by high-profile tenants. The building holds a Fitch rating of BBB+. Located in a mixed-use planned community known for corporate relocations and proximity to major airports, this versatile property offers a strategic location with a blend of office and retail spaces. Key financial highlights include an Asking Price of $20,000,000, Gross Revenue of $3,805,319, and a Net Operating Income (NOI) of $2,330,048, resulting in a Cap Rate of 11.6%.
Industry Information
- Industry Description:
- Office Building, Real Estate
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- Established
Broker Contact
- Name:
- shams siddiqui
- Company:
- UB Succeed
- Phone:
- 832-981-1284
Listing Details
- Listing ID:
- 3e284e25-d688-46e0-a801-a9c8efab0e90
- Source Listing ID:
- 2278494
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD