The City Of Irving Acquires 260796 Square Foot Office Building From Grupo Haddad In Irving
909 Hidden Ridge
Building Size
260,796 SF
Asset Type
Office
Closing
Mar 30, 2026
About this deal
AI
The City of Irving has acquired a 260,796-square-foot office building located at 909 Hidden Ridge in Irving, Texas, which sits on 7.52 acres of land. This Class A property will be utilized for police and fire department purposes.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 909 Hidden Ridge
- Market: Irving
- Asset Size: 260,796 square feet
- Land Area: 7.52 acres
- Buyer: The City of Irving
- Seller: Grupo Haddad
- Broker Representatives: Richmond Collinsworth & Jared Laake - Bradford Commercial Real Estate Services
Bradford Commercial Real Estate Services represented Grupo Haddad in the direct sale of the property, facilitating the transaction between the seller and the City of Irving for the intended use of public safety facilities.
On the Map
Office
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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