- For Sale $2,850,000
- Property Type Office - General Office
- Property Size 43,970 SF
- Building Class B
- Date Updated Apr 6, 2026
Description
Empire Commerce Center is located just off Hwy 183 near Loop 12 in Irving, offering quick access to DFW Airport, Las Colinas, and Downtown Dallas. The central location makes it easy for clients and employees to get in and out, with major retailers, restaurants, and services just minutes away.Formation Real Estate is pleased to present the opportunity to acquire 1140-1150 Empire Central Place, a two-building, single-story office property located in a core Dallas infill corridor near Love Field, Stemmons Freeway, Downtown Dallas, and the Medical District.
The property encompasses approximately 43,737 square feet in a low-rise, multi-tenant configuration with individual suite entrances and on-site parking. This layout provides tenants with the accessibility and convenience of a campus-style environment while maintaining the efficiency of a professionally managed portfolio asset. The design supports a broad range of office users seeking visibility, autonomy, and ease of access for employees and clients.
From an investment perspective, 1140-1150 Empire Central Place presents a clear value-add opportunity driven by staggered lease expirations and in-place rents that remain below current market levels. These fundamentals create multiple avenues to enhance cash flow through targeted lease-up and strategic rent growth. The asset’s position within the Stemmons corridor further strengthens its long-term outlook, as it benefits from proximity to major employment centers, healthcare institutions, and regional transportation infrastructure.
With a well-located footprint, flexible suite mix, and embedded potential for income growth, 1140-1150 Empire Central Place offers investors a compelling opportunity to acquire a stabilized yet repositionable asset in one of Dallas’s most consistently active submarkets.Empire Commerce Center is a well-located, multi-tenant office park just off Hwy 183 in Irving. With easy access to DFW Airport and major thoroughfares, this professionally managed property is ideal for small businesses looking for affordable, functional space in the heart of the Metroplex. Suites feature private entries, convenient parking, and flexible layouts suited for a wide range of office uses.
Highlights
- All tenants have annual rent increases on their remaining term
- Diversity of suite sizes to suit market demand
- Empire Commerce Center is currently 88.96% leased to 14 tenants, with several leases expiring in the next 12-18 months.
- In-place rents are +/- 23% below market
- Three (3) vacant suites totaling 4,123 SF
- Upside exists from the following:
False
Contacts
David Barber
Formation Real Estate
Location
Located at 1140 & 1150 Empire Central Place, Dallas, TX 75247, this property is part of the Medical District neighborhood and Dallas Fort Worth market.
Contact Listing Broker
David Barber
Formation Real Estate