214-769-7714
1304 W Walnut Hill Ln, Irving, TX for Sale
Office - FOR SALE
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1304 W Walnut Hill Ln
Irving, TX 75038
Las Colinas


HIGHLIGHTS

  • Features: Numerous Renovations including Lobby and Common Areas.
  • Priced Significantly Below Replacement Cost - $83 PSF.
  • Great Owner/User Opportunity.
  • Strong Tenant Mix with Staggered Lease Expirations.
  • Located in “The Office Center” of Prominent Las Colinas.

OVERVIEW

Colliers is pleased to present the opportunity to acquire an attractive office investment located in the heart of Las Colinas, one of the most established and desirable business districts in North Texas, 1304 W Walnut Hill Lane offers investors a rare opportunity to acquire a stabilized, multi-tenant office building with clear upside potential. Known as Regent Place, this three-story, ±41,663-square-foot office building sits on approximately 2.1 acres and benefits from its central location within the thriving Irving submarket—minutes from major thoroughfares like Highway 114, President George Bush Turnpike, and I-635, and just a short drive to both DFW International Airport and Dallas Love Field. Built in 1981 and thoughtfully maintained over the years, the property has undergone a series of capital improvements including a redesigned lobby, upgraded HVAC systems, and a new roof installed in 2010 under a 20-year warranty. The current ownership has created a clean and functional office environment that appeals to a diverse range of tenants, including medical, professional services, and administrative users. The building features flexible suite sizes, many of which are already built out with private offices, reception areas, breakrooms, and open workspaces—ideal for small to mid-sized businesses looking for move-in-ready space. With a favorable parking ratio of up to 3.47 spaces per 1,000 SF, including 34 covered spots, Regent Place offers a tenant experience that rivals newer assets in the area, at a more attainable rental rate. The subject property provides immediate in-place income with further upside through lease-up of remaining vacancy and potential rent increases. The building’s shorter lease terms give new ownership the flexibility to reposition suites as needed, and to push rents toward market rates in one of the Metroplex’s most active submarkets. Surrounded by major corporate campuses, dense residential communities, and abundant retail amenities, Regent Place is well-positioned for long-term value appreciation. For investors seeking a manageable, well-located asset with a blend of stability and upside, 1304 W Walnut Hill Lane represents a strategic addition to a North Texas office portfolio.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regent Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

177

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

PUD

APN/PARCEL ID

32258370000010000

ASK ABOUT THIS PROPERTY

Warren SmallAmerican Realty Services, Inc.More Info
214-769-7714

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Warren SmallAmerican Realty Services, Inc.More Info
214-769-7714

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.