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200 Chisholm Pl 45,198 SF 90% Leased Office Building Plano, TX 75075 For Sale
Investment Highlights
- Immediate upside is created by a 500-square-foot spec suite now open for lease, positioned to capture strong demand with below-market rental rates.
- Variety of space options, with windows flooding every suite with natural light, and strong in-place cash flow from established tenants.
- 200 Chisolm Place offers exceptional accessibility with abundant parking, multiple entrance points, and reciprocal access to neighboring businesses.
- Strategically situated on US 75 and the President George Bush Turnpike, adjacent to the transformative Collin Creek $1 billion redevelopment.
- Extensive renovations invested since 2020 through 2024, offering an attractive facade in a high-traffic area, seeing over 236,300 VPD on US 75.
Executive Summary
Lee & Associates, the exclusive market advisor, is pleased to present Chisholm Place, an exceptional office investment opportunity located at 200 Chisholm Place in Plano, Texas. This 45,190-square-foot building is situated on 3.33 acres and is currently 97% occupied, providing generous space with flexible and efficient layouts capable of accommodating a wide range of tenant operations.
Chisholm Place is positioned in the heart of Plano's vibrant business district and benefits from outstanding regional connectivity. Sitting just minutes from major arterial highways, this office offers remarkable visibility and convenient access for employees and visitors. Its central location places it near an array of retail, dining, and service options, along with Plano's robust professional workforce.
Historically, Chisholm Place has demonstrated consistent leasing performance. With current rental rates below market levels, the asset provides immediate potential to enhance income and maximize investor returns. 200 Chisholm Place represents a rare chance to acquire a well-located, highly stabilized office property in one of Plano's most active and desirable submarkets.
Chisholm Place is positioned in the heart of Plano's vibrant business district and benefits from outstanding regional connectivity. Sitting just minutes from major arterial highways, this office offers remarkable visibility and convenient access for employees and visitors. Its central location places it near an array of retail, dining, and service options, along with Plano's robust professional workforce.
Historically, Chisholm Place has demonstrated consistent leasing performance. With current rental rates below market levels, the asset provides immediate potential to enhance income and maximize investor returns. 200 Chisholm Place represents a rare chance to acquire a well-located, highly stabilized office property in one of Plano's most active and desirable submarkets.
Sale Flyer
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
45,198 SF
Building Class
C
Year Built/Renovated
1985/2020
NOI
$407,594
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,646 SF
Slab To Slab
12’
Building FAR
0.31
Lot Size
3.33 AC
Zoning
O-M, Plano - Commercial Office
Parking
203 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Courtyard
- Security System
- Signage
- Kitchen
- Central Heating
- Direct Elevator Exposure
- Natural Light
- Wi-Fi
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Fl-Ste 200
- 582 SF
- Office
- -
- Now
Please click link to see walk through: https://www.youtube.com/watch?v=4qxDnXTNtYA&feature=youtu.be Suite 201 is available for lease, 464 sf – $1,000/month.
- 2nd Fl-Ste 220
- 3,403 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 582 SF | Office | - | Now |
| 2nd Fl-Ste 201 | 464 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 220 | 3,403 SF | Office | - | Now |
2nd Fl-Ste 200
| Size |
| 582 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 464 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 220
| Size |
| 3,403 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 201
| Size | 464 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Please click link to see walk through: https://www.youtube.com/watch?v=4qxDnXTNtYA&feature=youtu.be Suite 201 is available for lease, 464 sf – $1,000/month.
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
11,098
112,811
306,823
2024 Population
12,827
123,334
329,539
Population Growth '20-'24
15.6%
9.3%
7.4%
2020 Households
4,482
45,103
118,828
2024 Households
5,210
49,920
128,572
Household Growth '20-'24
16.2%
10.7%
8.2%
Average Age
40
39
39
Median Household Income
$72,560
$80,330
$88,252
Daytime Employees
14,104
68,850
180,974
Total Businesses
1,668
7,246
19,120
College Degree + Higher
38%
43%
51%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Asian Express | - | $ | 2 min walk |
| The Gogi Korean BBQ | Barbecue | $$$ | 1 min walk |
| Shipley Do-Nuts | - | - | 2 min walk |
| The Original Pancake House | American | $$$ | 9 min walk |
| The Boiling Crab | - | - | 11 min walk |
| Outback Steakhouse | - | - | 12 min walk |
| Starbucks | Cafe | $ | 13 min walk |
| Potbelly | - | - | 14 min walk |
| Einstein Bros Bagels | Bagels | $ | 15 min walk |
| McDonald's | - | - | 14 min walk |
Retail |
||
|---|---|---|
| CrossFit 972 | Fitness | 5 min walk |
| 7-Eleven | Convenience Market | 10 min walk |
| Barnes & Noble | Books | 15 min walk |
| Crunch Fitness | Fitness | 15 min walk |
| Old Navy | Unisex Apparel | 15 min walk |
| Petco | Animal Care/Groom | 15 min walk |
Hotels |
|
|---|---|
| Quality Inn |
89 rooms
15 min walk
|
| Studio 6 |
89 rooms
15 min walk
|
| Baymont |
97 rooms
12 min walk
|
| Comfort Suites |
85 rooms
11 min walk
|
| Days Inn |
62 rooms
7 min walk
|
Property Taxes
| Parcel Number | R-13231-00A-0010-1 | Improvements Assessment | $1,892,414 |
| Land Assessment | $1,735,430 | Total Assessment | $3,000,000 |
Property Taxes
Parcel Number
R-13231-00A-0010-1
Land Assessment
$1,735,430
Improvements Assessment
$1,892,414
Total Assessment
$3,000,000
Sale Advisors
Sale Advisors
George Tanghongs, Principal, SIOR, CCIM
George Tanghongs represents companies in the selection and negotiation of sale and lease transactions. George has hands-on experience in the marketing of over 16,700,000 square feet, comprised of over 400 projects of office, industrial, retail, technical facilities, and land in the Dallas/Fort Worth Metroplex. George started his career in commercial real estate in June 1995. He successfully closed over 1,350 transactions for more than $700 million in transaction value in the Dallas area.
Repeat business and referrals are a by-product of the results George delivers to his clients. His in-depth market knowledge, attention to detail, and persistence are key factors in each transaction. George and his wife, Julie, live in Plano with their three children, Ally, Lauren, and Andrew. In his free time, George enjoys photography and is involved in his children’s activities.
George is a licensed real estate broker in the State of Texas, and has a Bachelor of Business Administration from the University of Texas. He is an active member of the North Texas Commercial Association of Realtors (NTCAR).
Repeat business and referrals are a by-product of the results George delivers to his clients. His in-depth market knowledge, attention to detail, and persistence are key factors in each transaction. George and his wife, Julie, live in Plano with their three children, Ally, Lauren, and Andrew. In his free time, George enjoys photography and is involved in his children’s activities.
George is a licensed real estate broker in the State of Texas, and has a Bachelor of Business Administration from the University of Texas. He is an active member of the North Texas Commercial Association of Realtors (NTCAR).
Jessica Reinhardt, Principal
Jessica Reinhardt, a Director with Lee & Associates, specializes in project leasing, tenant representation, and sales of user and investment office and flex properties in the North Dallas area. She is renowned for her strong work ethic, outstanding attention to detail, and market knowledge. Over the years, Jessica has cultivated a network of professionals that is beneficial to her clients.
With over 20 years of experience in the commercial real estate industry, Jessica has distinguished herself as a highly proficient broker with a keen focus on delivering exceptional services. Jessica has extensive experience working as a landlord representative and managed a portfolio of 2.5 million square feet of office and flex space with over 700 tenants in the Dallas / Fort Worth Metroplex. Her dedication to her work and enthusiasm will provide the service her clients deserve. Jessica received her Bachelors in Agricultural Economics from Texas A&M University.
With over 20 years of experience in the commercial real estate industry, Jessica has distinguished herself as a highly proficient broker with a keen focus on delivering exceptional services. Jessica has extensive experience working as a landlord representative and managed a portfolio of 2.5 million square feet of office and flex space with over 700 tenants in the Dallas / Fort Worth Metroplex. Her dedication to her work and enthusiasm will provide the service her clients deserve. Jessica received her Bachelors in Agricultural Economics from Texas A&M University.
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