1320 Walnut Hill LnIrving, TX 75038

For Sale
$3,990,400

19,952 SF, NNN Lease, 32% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 19,952-square-foot, single-story medical office building in Irving, Texas, presents a compelling investment opportunity. Situated on a 2.3-acre lot in Dallas County, this Class B property boasts a recently renovated interior and an efficient rectangular floor plan. The building features high ceilings, a rehab pool, and a covered port-a-cache. Ample parking is provided with 120 spaces (6:1,000 SF ratio). Prominent building and monument signage on Walnut Hill Lane ensures high visibility. Currently operating at 32% occupancy, this multi-tenant property is offered at $3,990,400, translating to $200 per square foot based on land value. Its convenient location near Highway 635 and the President George Bush Turnpike offers easy access to major transportation arteries. The property's address is 1320 W Walnut Hill Ln, Irving, TX 75038. This is a rare chance to acquire a well-located, adaptable medical office building with significant upside potential. The lease type is NNN.

Highlights

  • $3,990,400 asking price for a 19,952 SF medical office building.
  • Class B, multi-tenant property with a NNN lease.
  • 32% occupancy rate.
  • Situated on a 2.3-acre lot in Irving, TX, offering excellent highway access.
  • $200/SF land value.

Property Details for 1320 Walnut Hill Ln

Property type
Other office properties, Medical offices
Square Feet
19,952 SF
Class
B

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.884918234828
Longitude
-96.971663424521
1320 Walnut Hill Ln, Irving, Texas

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1320 Walnut Hill Ln
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