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8333 Royal Ridge Parkway

California Seller Represented By Ron Hebert And Joseph Jaques Of Marcus & Millichap Sells Office In Irving Texas
SOLDOffice

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

Ron Hebert

Marcus & Millichap

Broker

7 deals

Broker

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