Irving, Texas, is a prime location for investing in Retail Properties, with a diverse economy and a strong presence of major businesses. As a hub for media, finance, manufacturing, energy, chemicals, and technology, Irving offers a unique opportunity for retailers to tap into a wide range of industries. Retail Properties in Irving can represent a variety of investments, from strip centers and shopping malls to freestanding retail buildings and restaurants. With its strategic location near the Dallas Fort Worth International Airport and the Las Colinas mixed-use master-planned community, Irving provides easy access to a large and diverse customer base. The city's infrastructure, including highways such as the Airport Freeway (SH 183), LBJ Freeway (I-635), and John Carpenter Freeway (SH 114), makes it an attractive location for retailers. Additionally, Irving is home to several major attractions, including the Irving Arts Center and historical museums, making it an ideal place for businesses that cater to tourists and locals alike.
With 38 Retail Properties for sale in Irving, investors have a wide range of options to choose from. The average price per square foot for Retail Properties in Irving is $459 USD, with an average size of 18,223 square feet. The largest Retail Property available in Irving spans 77,381 square feet. In addition to Retail Properties, Irving is also home to Shopping Centers, Restaurants, Office Properties, and Hotels, offering a diverse range of investment opportunities. Shopping Centers in Irving provide a convenient location for retailers, with easy access to major highways and a large customer base. Restaurants in Irving can capitalize on the city's thriving food scene, with a diverse range of cuisines and dining options. Office Properties in Irving offer a prime location for businesses, with proximity to major corporations and a skilled workforce. Hotels in Irving provide a convenient location for travelers, with easy access to the Dallas Fort Worth International Airport and major attractions. Overall, Irving offers a unique combination of economic vitality, cultural attractions, and investment opportunities, making it an attractive location for businesses and investors alike.
What is the average cap rate for retail properties in Irving?
For investors seeking retail properties in Irving, understanding the average cap rate is crucial. According to current listings, the average cap rate for retail properties in Irving is 7.01%, which can help inform investment decisions; to learn more about how this rate is calculated, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Irving, Texas, location and foot traffic play a significant role in determining retail property values. Properties situated in high-traffic areas, such as the Las Colinas Entertainment District or near major transportation hubs like the Dallas/Fort Worth International Airport, tend to command higher values due to their potential for increased customer exposure and revenue generation.
