3615 Block Dr, Irving, TX 75038
Brand-new 118,178 SF Class A+ aerospace MRO facility 100% NNN leased to BP Aero Services, LLC through December 2036. Positioned directly adjacent to SH-161 and 2.4 miles from DFW International Airport, with 10.25 years of weighted average lease term remaining and 4% annual rent escalations.
Receive the full OM, financials & deal summary.
A member of our investment team will contact you within 1 business hour.
Investment Highlights
161 Airport Center delivers institutional-grade cash flow backed by a creditworthy aerospace MRO tenant, a brand-new Class A+ building, and one of the most strategically located industrial sites in the DFW Airport submarket.
Fully leased to BP Aero Services, LLC through December 2036 with a 10.25-year WALT. NNN structure means the tenant covers taxes, insurance, and maintenance, delivering truly passive income to ownership.
Built-in 4% annual rent bumps provide compounding NOI growth and strong inflation protection throughout the lease term, well above typical CPI-linked structures in the market.
Delivered 2025 on fee simple land. 32' clear height, 10,000A / 480V 3-phase power, 30 dock-high doors, 100% HVAC, ESFR fire suppression, and a 45-mil TPO roof under warranty through 2045.
Directly adjacent to SH-161 / President George Bush Turnpike with DFW International Airport just 2.4 miles away. Unmatched visibility and logistics connectivity in one of the nation's top industrial markets.
BP Aero has invested $32M in equipment over the last 8 years and plans to commit an additional $18M through 2028. The owner has invested $40 PSF in specialized facility improvements, creating deep tenant stickiness.
Multiple storefronts enable future demising for a multi-tenant strategy at lease expiration. Two 5-year renewal options at FMV provide additional optionality for ownership at the end of the initial term.
Technical Specifications
| Building Size | 118,178 SF |
| Land Area | 10.78 Acres (Fee Simple) |
| Building Dimensions | 195' W × 595' D |
| Year Built | 2025 (New Construction) |
| Office Space | 10,255 SF (8.7%) |
| Warehouse Area | 97,022 SF |
| Clean Line Room | 6,997 SF (Negative Pressure) |
| Lab & Blasting Room | 3,904 SF |
| Clear Height | 32 Feet |
| Column Spacing | 52' × 46'-8" w/ 60' Staging Bay |
| Loading Configuration | Rear-Load |
| Dock-High Doors | 30 |
| Grade-Level Doors | 1 |
| Truck Court Depth | 130' – 185' |
| Auto Parking | 123 Spaces |
| Truck / Trailer Parking | 19 (Expandable to 28) |
| Power | 10,000A / 480V / 3-Phase |
| HVAC | 100% HVAC w/ Pin Weld Insulation |
| Fire Protection | ESFR Sprinkler System |
| Lighting | LED Throughout |
| Roof | 45-Mil TPO, R-9 Insulation |
| Roof Warranty | Through 2045 |
| Market / Submarket | Dallas–Fort Worth / D/FW Airport |
Property Photos
Strategic Location
3615 Block Dr sits directly along the President George Bush Turnpike (SH-161) in Irving, Texas — one of the most logistics-critical corridors in the entire DFW Metroplex, with DFW International Airport just 2.4 miles away.
Tenant Profile
BP Aero Services is a leading aircraft engine maintenance, repair, and overhaul (MRO) provider headquartered at this Irving facility. Founded in 2008 and now part of ITP Aero — a Bain Capital-backed aerospace group with $2.17B in 2025 gross revenue — BP Aero is licensed by GE Aerospace and Pratt & Whitney and serves major carriers including Southwest Airlines, American Airlines, Air France, and GE Aviation.
Leon Industrial is a Dallas-based industrial real estate firm focused on delivering and acquiring Class A logistics and manufacturing facilities across the high-growth DFW submarket. Every project is built to institutional standards with long-term value creation at the forefront.
Visit leonindustrial.com →Ready to Move Forward?
Our investment team is ready to provide the complete OM, financial model, and deal summary. Reach out today to begin your due diligence.
Full OM, financials & deal summary sent immediately.
A member of our investment team will contact you within 1 business hour.
