9425 Macarthur BlvdIrving, TX 75063

Property Details for 9425 Macarthur Blvd

Year built

1986

Construction

TILT-UP CONCRETE

Lot size

2.07 AC

Property size (Sq ft)

19,570 SF

Zone code

Z243

Property type

Medical offices

Property subtype

Medical centers

APN

325598200A0010000

APU

325598200A0010000

Description

This exceptional 27,862 square foot Class B office building, located in Irving's Valley Ranch submarket, offers 19,622 square feet of immediately available, divisible office space. The minimum leasable space is 19,622 square feet, which is also the maximum contiguous space available. The building underwent renovations in 1986 and boasts a premier location with direct access to the Campion Trail System. Enjoy a lush backyard and a well-maintained building with ample natural light. The property is conveniently located a short 14-minute drive from Dallas-Fort Worth International Airport. The surrounding area offers a variety of amenities, including numerous restaurants and cafes, and is part of the master-planned Valley Ranch community, which features parks, walking trails, and a retail center. Nearby attractions include the Toyota Music Factory and the Las Colinas business district, providing easy access to major corporations, hotels, and entertainment venues. The lease rate is $13-$15 per square foot, plus estimated NNN charges of $6 per square foot. Landlord may offer free rent in lieu of tenant improvements. This property presents a compelling opportunity for businesses seeking a dynamic and well-connected office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,963,441

  6.5%

  $4,581,638

  7%

  $4,254,378

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,380,502

  Geo Method

  $2,354,662

• Alternative Use

  Use

  Valuation

  Residential

  $5,681,231

  Hospitality

  $5,203,977

  Educational

  $4,329,648

  Medical

  $4,478,551

  Retail

  $6,735,008

Location Insight

City

Irving

County

Dallas

State

Texas

Latitude

32.9344

Longitude

-96.953

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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