2250 Lakeside Blvd | Richardson, TX 75082
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2250 Lakeside Blvd
Richardson, TX 75082
Lakeside Centre II · Office Property For Sale
Investment Highlights
- Perfect value-add / redevelopment opportunity
- Large surface area parking lot & 4 story parking garage on-site
- Minutes from several heavily traversed corridors and the DART Rail Line
- Priced significantly below replacement cost
- Existing tenant provides cash flow
Executive Summary
Colliers is pleased to exclusively offer to qualified investors the opportunity to purchase Lakeside Centre. This prime asset is a stunning office campus located at the very center of Dallas' northward expansion in Richardson, Texas. The two-building asset collectively measures 318,822 rentable square feet located in the amenity rich corridor of Richardson/Plano submarket in Richardson, Texas. Situated on 12.866 acres, the opportunity provides an excellent location for redevelopment.
The site is conveniently situated in Richardson between Lakeside Boulevard and Greenville Avenue, near the North Central Expressway. The buildings are within a few blocks of the amenity concentration along Campbell Road, and the Dart Rail Line. With 497 surface parking spaces and a four-story, free-standing parking garage, this layout gives a unique advantage to re-develop/expand on existing land located near surrounding amenities.
From an access point, Lakeside Centre is perfectly positioned. North Central Expressway (I-75) is within two blocks. The DART Rail Line is literally next door. Also in close proximity are the President George Bush Turnpike (190) and LBJ Freeway (I-635). The opportunity to be located in a prime area situated off 75 with convenient access to Dallas and surrounding cities of Plano & Frisco make this a desirable location for unique opportunities.
The site is conveniently situated in Richardson between Lakeside Boulevard and Greenville Avenue, near the North Central Expressway. The buildings are within a few blocks of the amenity concentration along Campbell Road, and the Dart Rail Line. With 497 surface parking spaces and a four-story, free-standing parking garage, this layout gives a unique advantage to re-develop/expand on existing land located near surrounding amenities.
From an access point, Lakeside Centre is perfectly positioned. North Central Expressway (I-75) is within two blocks. The DART Rail Line is literally next door. Also in close proximity are the President George Bush Turnpike (190) and LBJ Freeway (I-635). The opportunity to be located in a prime area situated off 75 with convenient access to Dallas and surrounding cities of Plano & Frisco make this a desirable location for unique opportunities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
318,822 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1986/2008
Percent Leased
70%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
53,137 SF
Slab To Slab
13’
Building FAR
0.57
Lot Size
12.87 AC
Zoning
I
Parking
694 Spaces (2.18 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Security System
- Outdoor Seating
PROPERTY TAXES
| Parcel Number | 42076680030010000 | Improvements Assessment | $34,037,460 |
| Land Assessment | $8,406,510 | Total Assessment | $42,443,970 |
PROPERTY TAXES
Parcel Number
42076680030010000
Land Assessment
$8,406,510
Improvements Assessment
$34,037,460
Total Assessment
$42,443,970
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