1101 E Arapaho Rd | Richardson, TX 75081
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1101 E Arapaho Rd
Richardson, TX 75081
Corporate Place of Richardson · Office Property For Sale
Investment Highlights
- Excellent Visibility and Exposure at a Signaled Intersection
- Strong Demographics in the Surrounding Area
- Positioned in a Rapidly Growing Area in the Affluent North Dallas Suburbs
- Tenant Improvement Allowance or Landlord’s Work Available
Executive Summary
Colliers has been exclusively retained to offer the opportunity to lease a beautiful multi-tenant office building located on 1101 E Arapaho Road in Richardson, Texas. Corporate Place was built in 1979 with $4 million of extensive renovations in 2008. The building measures 98,269 square feet and sits on a 5.92-acre lot, offering an abundant amount of parking with a shared ratio of 4.52 per 1000 square feet.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
106,304 SF
Building Class
B
Year Built
1979
Percent Leased
47%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
49,090 SF
Building FAR
0.41
Lot Size
5.92 AC
Zoning
I - Industrial
Parking
300 Spaces (4.52 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 42051500050100100 | Improvements Assessment | $3,937,340 |
| Land Assessment | $2,062,660 | Total Assessment | $6,000,000 |
PROPERTY TAXES
Parcel Number
42051500050100100
Land Assessment
$2,062,660
Improvements Assessment
$3,937,340
Total Assessment
$6,000,000
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