City Line Business Center Retail FOR SALE


Richardson, TX
$9,200,000 USD
817-307-8886
, Richardson, TX for Sale
$9,200,000 USD
Retail - FOR SALE
1/12
null | 7.61% Cap Rate

City Line Business Center
Richardson, TX


HIGHLIGHTS

  • 2023 improvements: new roof, updated landscaping, updated facade, parking lot re-stripe
  • Located near the busy intersection of N Plano Rd & E Campbell - nearly 30,000 cars per day
  • 1 mile from US 75/Central Expressway
  • Most tenants have annual rent bumps, increasing return annually
  • 90% leased investment property

OVERVIEW

Vision Commercial Real Estate is pleased to present the opportunity to acquire a 90% occupied 34-tenant flex property located in Richardson, TX. This 74,863 sf building sits on a 5.31 AC lot for tenants and consumers. Occupied by 34 long standing tenants, this property is a stable income-producing asset with proven and stable tenants, located near a highly trafficked, signalized intersection. There is significant upside potential for investors by converting the existing gross leases to NNN and or replacing one of the tenants with a larger regional or national brand.

ASK ABOUT THIS PROPERTY

Randy ScottVision Commercial RE DFW LLCMore Info
817-307-8886

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Randy ScottVision Commercial RE DFW LLCMore Info
817-307-8886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.