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Off Market
1/14

620 N Watters Rd
Allen, TX 75013


HIGHLIGHTS

  • Two-Story Class "A" Office Building with Great Visibility
  • Easy access to SH 121 and Central Expressway (Hwy 75)
  • Heavy tenant/customer parking ratio - This building provides an ample Parking Ratio of 5.23 spaces per 1,000/sf
  • Building signage available for future tenants
  • Zoning/Permitted uses –Wide Variety of uses are permitted with this zoning classification
  • Nearby Texas Health Presbyterian Allen

OVERVIEW

14,903/sf Professional - Medical Office building for Lease. The property encompasses the hard corner of Watters Road and Junction Drive with prominent visibility. The Full building can be made available for a single tenant lease, as well as the ability to provide smaller tenants with individualized custom office suites of any size. Property website: (https://listing.fullpackagemedia.com/bt/620_N_Watters_Road.html) • 14,903/sf building • Two Stories • First floor measures: 7,633/sf • Second floor measures: 7,270/sf • Property size: 1.210 acres • Building signage available for future tenants • Easy access to SH 121 and Central Expressway (Hwy 75) • Heavy tenant/customer parking ratio - This building provides an ample Parking Ratio of 5.23 spaces per 1,000/sf (Based on 78 parking spaces and 14,911/sf of building size) • Nearby Texas Health Presbyterian Allen • Interior Finish - Brand new building. Never been lived in. The interior is in shell condition currently, so it can be built out in any configuration • Lease rental rate $26/sf + NNN ($7.25/sf) • Unfinished ceiling height - 1st floor – slab to lowest beam = 14 feet. 2nd floor – slab to lowest beam = 11 feet • Tenant Improvement Allowance = $35/sf to $45/sf range depending on term of lease and tenant credit quality • Zoning/Permitted uses –Wide Variety of uses are permitted with this zoning classification Original Base Zoning for the Property: PD No 108. Ordinance No. O-3044-10-11. Twin Creeks Urban Center – District E is partially adjacent to and generally bounded by North Central Expressway and existing medical related businesses. Due to the proximity to existing land uses and easy access to thoroughfares, District E has one of the better opportunities for the highest density or Urban Living and Mixed Use. Strong pedestrian access and connection to the adjacent uses and communities. Combination of uses in District E may accommodate office, retail, medical, education. Permitted Uses: • Bakery or confectionary • Medical Clinic • Medical and Dental office • Community Center • Civic Clubs • Hospital • Hospice • Dental Laboratory • Micro Brewery • Monument Sales • Office Use • Restaurant Ordinance No. 3235-7-14 added additional “uses to the property” – notwithstanding the Principal permitted used listed above, the following uses shall also be permitted uses on the Property: • Beer & Wine Package Sales • Beer & Wine Package Sales (Greater than 50% of sales) • Book, Card or Novelty Shop • Convenience Store (no fuel) • Drug Store or Pharmacy • Fitness or Heath Center • Florist • Grocery • Laundry/Dry Cleaning (pick up only) • Retail Store • Senior Independent Living

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

14911

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.21 AC AC

LAND SF

52,708 SF

ZONING

-

APN/PARCEL ID

R-1890-00E-2R5A-1