Skyway Business Center

Location

Map
Street

City Irving, TX
Neighborhood Cottonwood Valley
Zip Code 75038
Market Dallas Fort Worth

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 28 Feb, 2020
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Irving

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Irving Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $26.96
2020 Office Vacancy Rate 16.84%
2020 Office Completions (SF) 731,156

Irving Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $120.04
2020 Office Sales Volume $89.6M
2020 Number of Transactions 9

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Tax

Property Tax in 2020 $111,822
Market Value* $4,511,460
Assessed Value $4,511,460

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Skyway Business Center?

Skyway Business Center totals 66,504 square feet.

When was this property built?

Skyway Business Center was built in 1981.

When was Skyway Business Center last sold?

Skyway Business Center was last sold on 28 Feb, 2020.

What is the property tax for Skyway Business Center?

The property tax for Skyway Business Center in 2020 was $111,822.

What is the market value for Skyway Business Center?

The market value* for Skyway Business Center in 2020 was $4,511,460.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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