Irving Market Center

3907-4025 W Airport Fwy, Irving, TX, 75062-5910, US

Irving Market Center_Property for Sale


Irving Market Center 2_Property for Sale

Asset Description

Jones Lang LaSalle ("JLL") is pleased to exclusively offer Irving Market Center (the "Property"), a 99% leased, 237,058 square foot shopping center with unbeatable visibility directly off TX-183 at the heavily trafficked intersection of W Airport Freeway & Cheyenne St in Irving, Texas. The Property, anchored by Best Buy, PetSmart and Ross Dress for Less offers stable cash flow from a robust national tenant roster accounting for 90% of the in-place cash flow boasting an average tenant tenure of 17 years drawing well over 2.1 MM annual visitors and 4 years of remaining WALT. Irving Market Center provides investors with the unique investment opportunity to acquire a high-performing power center with a reliable cash flow, robust national tenant mix, and multiple value enhancement opportunities including the ability to spin off multiple single and multi-tenant pads at accretive cap rates.


Building area Net
237,058 sf
Year built
Land area net
22.69 acres (988,376 sf)

Investment Highlights

Dense Trade Area Centered between Dallas and Fort Worth

Premier Tenant Roster Generating 2.1M+ Visitors Top 20% of Shopping Centers Nationally

Highly Visible Along Highway 183 with 195,400 VPD

87% Cash Flow from National Credit Tenancy With a WALT of 4+ Years

Value-Creation Opportunities Via Pad Sell Down Opportunities as Debt Matures

Loyal Rent Roll With 17 weighted average years of Tenant Tenure

Irving Market Center 4_Property for Sale

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Last updated
12 Jan 2023