California Seller Represented By Ron Hebert And Joseph Jaques Of Marcus & Millichap Sells Office In Irving Texas
8333 Royal Ridge Parkway
Building Size
44,104 SF
Asset Type
Office
Closing
Mar 17, 2026
AI
The property asset involved in this transaction is located at 8333 Royal Ridge Parkway, Irving, TX. It is an office space encompassing 44,104 square feet and situated on 3.6 acres. The property was built in 2000 and is leased to Berkshire Hathaway and American Airlines Federal Credit Union.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 8333 Royal Ridge Parkway
- Market: Irving
- Total Square Footage: 44,104 SF
- Acres: 3.6
- Year Built: 2000
- Tenants: Berkshire Hathaway and American Airlines Federal Credit Union
- Brokers: Ron Hebert & Joseph Jaques - Marcus & Millichap
- Seller: California-based
- Buyer: Texas-based owner-user
- Location Context: Situated in the Las Colinas/Freeport business park near major highways and DFW Airport
Joseph Jaques and Ron Hebert represented the California-based seller in this transaction. They sourced a buyer based in Texas, facilitating the deal within the Las Colinas/Freeport business park, which is strategically located near essential transportation routes and the DFW Airport.
Players
Irving Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93