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502 Commercial Real Estate Listings in Irving, TX

  • Freeport Business Center I - Irving
    8616 Freeport Pky, Freeport Corporate Center, Irving, TX 75063
    For Lease $17/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 105,261 Sqft
  • 6565 MacArthur - Irving
    6565 N MacArthur Blvd, Las Colinas, Irving, TX 75039
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 7 Spaces
    • 76,271 Sqft
  • 122 West - Irving
    122 W John Carpenter Fwy, Las Colinas, Irving, TX 75039
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,320 Sqft
  • Beltline Office Center - Irving
    8222 N Belt Line Rd, Hackberry Creek Village, Irving, TX 75063
    For Lease $17 - $18/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 55,185 Sqft
  • 500 E John Carpenter Fwy - Irving
    500 E John Carpenter Fwy, Las Colinas, Irving, TX 75062
    Contact for pricing
    Property
    • Office
    Availability
    • 8 Spaces
    • 94,875 Sqft
  • Atrium at Campus Circle - Irving
    5800 Campus Circle Dr E, Las Colinas Bussines Park, Irving, TX 75063
    For Lease $15.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,480 Sqft
  • CVS Health Tower - Irving
    750 W John Carpenter Fwy, Las Colinas, Irving, TX 75039
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 15,133 Sqft
  • Mandalay Tower 1 - Irving
    220 E Las Colinas Blvd, Las Colinas, Irving, TX 75039
    For Lease $29 - $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 7,381 Sqft
  • Mandalay Tower 3 - Irving
    201 E John Carpenter Fwy, Las Colinas, Irving, TX 75062
    For Lease $29 - $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 49,473 Sqft
  • Riverside Commons Building 3 - Irving
    5020 Riverside, Las Colinas, Irving, TX 75039
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 24,722 Sqft
  • Vista Office Park - Irving
    901 W Walnut Hill Ln, Las Colinas, Irving, TX 75038
    For Lease $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 54,000 Sqft
  • Mandalay Tower 2 - Irving
    225 E John Carpenter Fwy, Las Colinas, Irving, TX 75062
    For Lease $29 - $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 55,538 Sqft
  • The Urban Towers - Irving
    222 W Las Colinas Blvd, Las Colinas, Irving, TX 75039
    For Lease $33.5 - $35.5/Sqft/Year
    Property
    • Office
    Availability
    • 27 Spaces
    • 175,547 Sqft
  • Canal Centre - Irving
    400 East Las Colinas Blvd, Las Colinas, Irving, TX 75039
    For Lease $25.5 - $28.5/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 62,779 Sqft
  • Walnut Hill Center - Irving
    1303 West Walnut Hill Lane, Cottonwood Valley, Irving, TX 75038
    For Lease $16 - $18/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 20,318 Sqft
  • Carpenter Corporate Center I - Irving
    2101 West John W. Carpenter Fwy, Las Colinas, Irving, TX 75063
    For Lease $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 111,795 Sqft
  • Corporate Plaza III & O'Connor Commons II - Irving
    4925 North O'Connor Road, Las Colinas, Irving, TX 75062
    For Lease $15.5/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 26,606 Sqft
  • Riverside Commons Building 2 - Irving
    5030 Riverside, Las Colinas, Irving, TX 75039
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 10,243 Sqft
  • The Overlook at Las Colinas - Irving
    251 O'Connor Ridge Blvd, Las Colinas, Irving, TX 75038
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 21 Spaces
    • 204,711 Sqft
  • Dallas Communications Complex - Buildings II & III - Irving
    400 East Royal Lane, Las Colinas, Irving, TX 75039
    For Lease $17.5 - $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 27 Spaces
    • 53,826 Sqft
  • Irving Medical Office Building II - Irving
    2021 North MacArthur Blvd, Live Oak Estates, Irving, TX 75061
    For Lease $28/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,000 Sqft
  • Royal Ridge VII - Irving
    3625 West Royal Lane, Royal Regent Business Park, Irving, TX 75063
    For Lease $16.75/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 23,142 Sqft
  • One Panorama Center - Irving
    7701 Las Colinas Ridge, Las Colinas, Irving, TX 75063
    For Lease $25 - $30/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 10,060 Sqft
  • Dallas Intellicenter - Irving
    3701 Regent Blvd, Royal Regent Business Park, Irving, TX 75063
    For Lease $18 - $19.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 11,460 Sqft
  • Metroport - Irving
    2300 Valley View Lane, Metroport Central, Irving, TX 75062
    For Lease $16 - $19/Sqft/Year
    Property
    • Office
    Availability
    • 41 Spaces
    • 33,154 Sqft

Irving, TX Commercial Real Estate

There are currently 504 commercial listings available in Irving, TX. These listings include 792 commercial spaces that encompass a total of 9,331,465 square feet. Available commercial spaces in Irving, TX range in size from 74 square feet to 1,400,000 square feet. A total of 367 off-market commercial properties located in Irving, TX are also available for research.

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Irving, TX Economic Overview

Location Photo

Irving is a bubbling youthful city of just over 200,000 people, which is conveniently located at the heart of the Dallas-Fort Worth (DFW) metroplex. Irving grew alongside a railroad originally built to link the two cities. Founded by Otis Brown and J.O. Schultz in 1903, the city was incorporated in 1914, with Mr. Brown serving as its first mayor.

As a city, Irving had a slow start, tethered on agriculture and cotton trade. It was until the 1930s when manufacturing companies started setting up shop in the area that it really thrived. Irving is now a proud host of several Fortune 500 companies and a destination of choice for 3 million visitors every year. Anyone looking for a great place to live or work will find a great home in Irving.

Irving’s economic environment is always welcoming to new ideas. Just recently, it was named by American Express as the third city with the most startups per capita. It has global access, a flourishing business community, and a topnotch entertainment industry.

Its economy is diverse, with hospitality, financial services, high-tech, manufacturing and health care as its core industries. It is home to approximately 50 Fortune 500 companies, 5 of which have their headquarters there: ExonnMobil, Celanese, Fluor, Commercial Metals and Kimberly-Clark. About 65 foreign companies have a presence in Irving making the city the third-leading in Texas as far as foreign business investment is concerned.

There is no income tax in Irving and the sales rate tax is 8.25%.

Irving, TX Commercial Real Estate Market

Backed by a strong economy and a promising job market, the Irving commercial real estate scene is firing on all cylinders. Rising construction costs may drive rental rates for new spaces even higher. Irving office vacancy rates rose to 12.4% in the first quarter of 2017, from the 12.2% of the last quarter of 2016. This increase was attributed to more office space going online. In fact, the net absorption in 2017 was close to 3 times the net absorption in the previous quarter.

Las Colinas commercial real estate saw 920,000 square feet of office space absorbed in the first quarter of 2017. The average gross asking rents in the DFW area office market rose to $24.88 at the start of the year.

High demand for commercial spaces in the Dallas-Fort Worth Mid Cities area cuts across the board, as the absorption rates in industrial spaces observed in 2015 and 2016 were unprecedented. The overall vacancy rate in the area is the lowest in the decade and stood at 6.6% in the last quarter of 2016.

Irving, TX Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Irving, TX Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Irving, TX Commercial Inventory Breakdown

Office Spaces

Total: 37,919,058 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 4,712,171 SF / 12.43% of total office
  • 100k to 500k SF: 26,015,474 SF / 68.61% of total office
  • 500k to 1M SF: 3,066,413 SF / 8.09% of total office
  • > 1M SF: 4,125,000 SF / 10.88% of total office

By class:

  • Class A: 14,371,409 SF / 37.9% of total office
  • Class B: 19,119,808 SF / 50.42% of total office
  • Class C: 817,841 SF / 2.16% of total office

Industrial

Total: 43,218,210 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 5,150,179 SF / 11.92% of total industrial
  • 100k to 500k SF: 25,492,244 SF / 58.98% of total industrial
  • 500k to 1M SF: 7,524,248 SF / 17.41% of total industrial
  • > 1M SF: 5,051,539 SF / 11.69% of total industrial

By class:

  • Class A: 23,752,682 SF / 54.96% of total industrial
  • Class B: 14,577,694 SF / 33.73% of total industrial
  • Class C: 651,595 SF / 1.51% of total industrial

Office Spaces with Retail

Total: 5,812,245 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 1,738,276 SF / 29.91% of total office with retail
  • 100k to 500k SF: 4,073,969 SF / 70.09% of total office with retail

Employment in Irving, TX

Employment

Irving is the third largest employment hub in North Central Texas, after Dallas and Fort Worth, and has one of the lowest unemployment rates in the state of Texas. In April 2017, the unemployment rate was only 3.7%, compared to the average of 4.5% in the state of Texas.

At the end of 2016, the income per capita and the median household income were $26,959 and $50,942, respectively. In that period the job growth was 3.09% and was predicted to be 42.59% after 10 years.

According to the Irving-Las Colinas Chamber of Commerce’s 2016 Annual report, there were 218,000 jobs in Irving. It further stated that 4,232 jobs were created and 3,805 jobs retained.

According to the City of Irving CAFR (Comprehensive Annual Financial Report) released in September 2016, the principal employers in Irving were:

  • Citigroup, Inc, with 6,500 employees
  • Irving Mall, with 2,100 employees
  • Allstate Insurance, with 2,000 workers
  • YRC Freight, with 1,941 workers
  • Baylor Scott-White Med Center, with 1,907 employees
  • Pioneer Natural Resources Co., with 1,750 employees
  • Microsoft Corp., with 1,500 employees
  • Neiman Marcus Direct, with 1,500 employees
  • Quest Diagnostics, with 1,500 employees and
  • Nokia America, with 1,500 employees

Education in Irving, TX

In Irving, schools spend about $10,162 per student, which is lower than the national average of $12,383. The pupil to teacher ratio (1 to 15) is also better than the national average (1 to 16.2).

Irving Independent School Districts serve the majority of Irving children. Notable private schools are Cistercian Preparatory School and The Highlands School.

The biggest institution of higher learning in Irving is the University of Dallas. Others are DeVry University and North Lake College.

Commuting Time in Irving, TX

The DFW area is one of the most populated metropolitan areas in the country, with 7.1 million residents, as of 2015. That partly explains why it is also home to some of the worst commute times. Luckily, traffic in Irving isn’t as bad as the rest of the metroplex. The worst traffic is experienced in areas closer to Interstate 30 HOV, which links Fort Worth and Dallas. In general, the commute time in Irving averages at 22.7 minutes.

Irving Demographics

Population

  • Total Population238,637
  • Male Population(49.8 %) 118,915
  • Female Population(50.2 %) 119,722
  • Median Age31.70

Income/Financial

  • Average Household Income$82,091
  • Median Household Income$61,937
  • Median Income Under 25$37,166
  • Median Income 25-44$63,421
  • Median Income 45-64$68,534
  • Median Income Over 65$47,984