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Office/Industrial/Flex - Contact Citadel 260 W Exchange Pky

50,864 SF Industrial Building Allen, TX 75013 $12,750,000 ($250.67/SF)

INVESTMENT HIGHLIGHTS

  • Proposed speculative commercial facility presenting the opportunity for office, industrial, and flex capabilities being delivered in shell condition.
  • Ideally positioned for new and growing businesses pursuing a large footprint in the Dallas market.
  • The site introduces excellent regional access just 30 minutes to downtown Dallas and 40 minutes to Dallas/Fort Worth International Airport.
  • Purposefully situated in a densely populated retail corridor with visibility to over 136,000 vehicles per day traveling on US Highway 75.
  • Nearby retailers include Walmart, Target, The Home Depot, Lowe’s, Best Buy, Whole Foods, and more, all within a five-minute drive.
  • The area boasts an average household income of $126,896 within a three-mile radius, offering a high quality of life for employees.

EXECUTIVE SUMMARY

260 W Exchange Parkway is a office, flex, and/or industrial facility located on I-75. Has been delivered in shell condition offering new businesses looking to flourish in the Dallas market the opportunity to customize the build-out of their own space. With a population growth of 25.3% over the last decade, nearly four times the national average, Allen has developed into one of the fastest-growing cities in the state. The suburban area introduces residents, commuters, and tourists to a blend of charm and culture bolstered by an array of world-class amenities. 260 E Exchange Parkway is situated within a two-mile radius of over 30 shopping centers and presents unmatched connectivity with easy access to Sam Rayburn Tollway, President George Bush Turnpike, I-635, and I-35E. The site is visible to over 136,000 vehicles per day on US Highway 75 and nearly 32,000 vehicles per day on Exchange Parkway. The area highlights strong demographics with 109,128 residents, 51% of which have a bachelor’s degree or higher, and 33,875 daytime employees in a three-mile radius.

PROPERTY FACTS

Price $12,750,000
Price Per SF $250.67
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Lease Option
  • Building in Shell Condition
Property Type Industrial
Property Subtype
Showroom
  • Flex Research & Development
  • Flex Showroom
  • Industrial Warehouse
Building Class B
Lot Size 3.60 AC
Rentable Building Area 50,864 SF
No. Stories 2
Year Built 2024
Tenancy Single
Parking Ratio 2.32/1,000 SF
Clear Ceiling Height 28’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Mezzanine

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-10812-00A-06A1-1
Land Assessment
$1,583,842
Improvements Assessment
$0
Total Assessment
$1,583,842

ZONING

Zoning Code PD-58 SC (Permitted uses include office, flex, showroom/warehouse with up to 60% office use.)
PD-58 SC (Permitted uses include office, flex, showroom/warehouse with up to 60% office use.)
  • Listing ID: 30722865

  • Date on Market: 6/24/2021

  • Last Updated:

  • Address: 260 W Exchange Pky, Allen, TX 75013

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