104 Pioneer DrIrving, TX 75061

For Sale
$1,311,648

3,500 SF Flex Space, 4% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,500-square-foot flex space located at 104 E Pioneer Dr, Irving, Texas, 75061, in Dallas County. The property sits on a 0.8-acre lot and boasts a 4% cap rate, making it an attractive addition to any portfolio. Currently 100% occupied by Instafuel, Inc. under an Absolute NNN lease expiring October 14, 2028 (3.9 years remaining), this single-tenant building offers stability and predictable income. The building features approximately 1,100 square feet of office space and a 12-foot clear height. Access is provided by two grade-level doors, each measuring 10 feet wide by 12 feet high. Additional features include a fenced concrete yard offering secure storage. Constructed in 1980, the property is zoned "ML-2". The asking price is $1,311,648, translating to a price per square foot of $374.76. This well-maintained industrial flex space presents a compelling investment opportunity with a strong tenant and a desirable location in Irving, Texas. The property's features and location combine to offer a solid return on investment with a long-term lease in place. This is a rare opportunity to acquire a stable, income-producing asset in a thriving market.

Highlights

  • 3,500 SF flex space on a 0.8-acre lot in Irving, TX.
  • 4% cap rate.
  • Absolute NNN lease with Instafuel, Inc. expiring 10/14/2028.
  • Asking price: $1,311,648 ($374.76/SF).

Property Details for 104 Pioneer Dr

Property type
Other industrial properties, Flex space
Square Feet
3,500 SF
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.8179382
Longitude
-96.9452833
104 Pioneer Dr, Irving, Texas

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104 Pioneer Dr
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