Historical Office Sale Listing - 1410 Renner

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Richardson, TX or Texas

1410 Renner

1410 E Renner Rd, Richardson, TX 75082

N/A

117,339 SF | Office

  • Print

1410 Renner

Office Property - Off Market

Price:
N/A
Building Size:
117,339 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Occupancy:
72%
Tenancy:
Multiple
Lot Size:
7 AC
Listing ID
15532446
Last Updated
over 1 year ago

Description

1410 East Renner Road (the Property ) is a Class B, 117,339 square foot building positioned approximately one mile south of the George Bush Turnpike (Hwy 190) and the North Central Expressway (US-75) intersection. The Property is leased to two investment-grade tenants, AT&T Services, Inc. through August 2010 and Stewart Title through December 2016, creating a stable and predictable cash flow base. This stability insulates the asset from near-term market fluctuations and provides investors the opportunity to manage quality tenancy with strong rental rates over a favorable lease term. 1410 East Renner Road presents an exceptional acquisition with investment-grade tenancy, stability and upside potential within the desirable, core neighborhood of the Richardson Telecom Corridor.

1410 East Renner Road' s location one mile east of the Telecom Corridor is its most advantageous feature. This area is a worldwide recognized leader in IT, telecom and venture capital investments, which also possesses a large concentration of high-profile global corporations, exclusive residential neighborhoods, abundant retail, quality hotels and tremendous infrastructure. Over the past two years, this submarket has leased more office space than at any other time since 2000, predominately due to leasing activity from small and midsize non-telecom companies. These fundamentals should benefit the presently 72% occupied building by providing significant upside through immediate lease-up of available space.

Map of 1410 E Renner Rd, Richardson, TX 75082 (Collin County)

Research for 1410 E Renner Rd, Richardson, TX 75082 (Collin County)

  • Demographics – Population, income & other demographics near 1410 E Renner Rd
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

Custer Court Custer Court
  • Richardson, TX
  • Price Not Disclosed
  • 121,596 SF Bldg
8 Photos
1130 East Arapaho
1130 East Arapaho
  • Richardson, TX
  • Price Not Disclosed
  • 119,559 SF Bldg