1700 E. Airport Fwy fwy - Irving - 1700 E. Airport Freeway
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1700 E. Airport Fwy fwy - Irving - 1700 E. Airport Freeway
1.33 Acres of Commercial Land in Irving, TX 75062
Investment Highlights
- Highway frontage, pole signage, NNN leased income producing asset with 3.5% rental escalations.
Executive Summary
This industrial outdoor storage asset is fully leased until 2/1/2030 to a strong credit company with 3.5% annual rental escalations. Highway fronting with pole signage, this lot is fully paved and leased almost immediately after putting on market.
Financial Summary (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£118,350
|
£88,984.96
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income | |
|---|---|
| Annual | £118,350 |
| Annual Per AC | £88,984.96 |
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.33 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.33 AC |
1 Lot Available
Lot
| Lot Size | 1.33 AC |
| Lot Size | 1.33 AC |
Fully paved highway fronting lot. Pole Signage - 1,300 SF office - fully leased until 2/1/2019.
Description
Zoned COU-2 (commercial outdoor district 2) this site has a wide range of uses that are allowed by right. Fronting IH 183 with daily traffic counts over 150,000, this income producing asset will continue to appreciate over the course of the lease.
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David Guinn -
Philip Cherrick -
Austin Russell -
Davidson & Bogel Real Estate
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1700 E. Airport Fwy fwy - Irving - 1700 E. Airport Freeway
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