450 John W Carpenter FwyIrving, TX 75062

For Sale
Call for price

56,685 SF Office, Seller Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 56,685 square foot Class B office building in Irving, Texas, presents a compelling investment opportunity. Located at 450 E John W Carpenter Fwy, 75062, this multi-tenant property boasts high visibility and highway frontage, experiencing over 100,000 vehicles daily. Currently at 9% occupancy, this four-story building offers significant upside potential for various uses, including executive, medical, and traditional office spaces. Constructed in 1984, the property sits on a 2.71-acre lot and includes ample parking (5 spaces per 1,000 sq ft). The building's strategic location within Dallas County benefits from the growth of the Irving medical market, fueled by advanced facilities like Baylor Scott & White Medical Center – Irving and Las Colinas Medical Center. Attractive seller financing is available, featuring a 7% interest rate, two years of interest-only payments, and a 25% down payment. This presents a rare chance to acquire a well-positioned asset with substantial growth potential in a thriving Texas market. The property's versatility and prime location make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment.

Highlights

  • 56,685 SF Class B office building in Irving, TX, located at 450 E John W Carpenter Fwy, 75062.
  • High-visibility location with highway frontage, experiencing over 100,000 vehicles daily.
  • Currently 9% occupied, offering significant upside potential for various uses including medical and traditional office.
  • Sits on a 2.71-acre lot with ample parking (5 spaces per 1,000 sq ft), built in 1984.
  • Attractive seller financing: 7% interest, two years interest-only, 25% down payment.

Property Details for 450 John W Carpenter Fwy

Property type
Other office properties, Medical offices
Square Feet
56,685 SF
Class
B
Year Built
1984
Buildings
1
Stories
4
Lot Size (sq. ft)
118,048 SF

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.8599016
Longitude
-96.9366386
450 John W Carpenter Fwy, Irving, Texas

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450 John W Carpenter Fwy
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