Prime Office Building for Sale in Las Colinas, Irving, TX

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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

Prime office building in a strategic Las Colinas, Irving, TX location.
Significant NOI of $2,330,048 and Gross Revenue of $3,805,319.
Recently renovated (2022-2023) with 92.5% occupancy and 5+ years WALT.

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

Features & Tags

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