5800 Campus Circle DrIrving, TX 75063

This exceptional 84,280 square foot Class B office building presents a compelling value-add investment opportunity in Irving, Texas. Situated on a 5.7-acre lot, the property boasts a prime location just five miles from DFW International Airport (accessible with zero traffic lights), two miles from the Las Colinas CBD, and within easy reach of downtown Dallas and Fort Worth. Built in 1982 and featuring a two-story design with 17 units, the multi-tenant building currently has 57.1% occupancy, offering significant upside potential through leasing up vacant space. The property includes a beautifully landscaped common area with a koi pond and ample surface parking (327 spaces, a 4:1000 sq ft ratio). Recent improvements include a new roof installed in 2016, backed by a transferable 20-year warranty expiring in June 2036. The building is well-maintained and features a high-quality finish-out, making it attractive to both medical and general business tenants. The property's gross lease structure and strong demographic trends in the area, with an average household income exceeding $104,231 within a three-mile radius, further enhance its investment appeal. This is an excellent owner-user opportunity in a thriving submarket. The 6.98% cap rate underscores the potential for strong returns.