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2520 W Irving Blvd
Irving, TX 75061
Irving Building Plaza Building One (Red) · Office Property For Sale
Investment Highlights
- 76,900 SF office on 3.45-acre site with glass façade
- NOI: $83,096 annually via gross leases
- Flexible layouts ideal for a wide range of tenants
- Priced at $70/SF – value-add potential
- 41.29% occupancy – significant upside for lease-up
- Pad site for QSR redevelopment near Jack in the Box
Executive Summary
This professional office asset in Irving offers a rare value-add opportunity for investors or owner-users. Featuring a striking contemporary glass façade and situated on a prominent 3.45-acre site, the 76,900 SF building is designed for flexibility with a mix of open and private office layouts. The property generates income through gross leases (no added electric charges) and currently maintains a 41.29% occupancy, allowing for significant upside. The first-floor Class A build-out—formerly occupied by Texas Workforce Solutions—is expected to vacate by December 2025, presenting an ideal opportunity for repositioning or re-tenanting. A pad site adjacent to Jack in the Box may be repurposed for a QSR user. With high visibility, flexible leasing options, and close proximity to major retailers, this asset is strategically positioned in a dense, diverse trade area.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
76,900 SF
Building Class
C
Year Built/Renovated
1959/2008
Price
$7,187,054 CAD
Price Per SF
$93.46 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
15,380 SF
Slab To Slab
12’
Building FAR
0.51
Lot Size
3.45 AC
Zoning
CC, Irving - Professional offices includes dental, medical veterinarian offices, doggy day care, plasma . Retail including grocery store, bakery and beauty salon.
Parking
278 Spaces (3.62 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Property Manager on Site
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 322322000A0020000 | Improvements Assessment | $3,173,121 CAD |
| Land Assessment | $1,241,745 CAD | Total Assessment | $4,414,865 CAD |
Property Taxes
Parcel Number
322322000A0020000
Land Assessment
$1,241,745 CAD
Improvements Assessment
$3,173,121 CAD
Total Assessment
$4,414,865 CAD
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