Irving Market Center

Location: Irving, TX
Type: Retail
Price: $22,500,000

SMC has provided a $22,500,000 ten-year fixed rate mortgage for the refinance of Irving Market Center, 227,002 SF retail power center located in Irving, TX. Built in 1987, the Property is currently 96% occupied and home to sixteen national and local tenants such as Ross, Best Buy, Burke’s, Harbor Freight Tools and Party City, among others. The Property is centrally located within the area, located approximately 15 miles northwest of the Dallas CBD and along the Airport Freeway.  In addition to nearby commercial centers, the area surrounding the Property includes numerous residential neighborhoods and is within close proximity to the Dallas Fort Worth International Airport. The neighborhood boasts strong demographics with a population of 113,232 and 247,260 within a 3- and 5-mile radius, respectively.