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Canyon Creek Center 2201 N Central Expy 100,720 SF 56% Leased Office Building Richardson, TX 75080 For Sale



INVESTMENT HIGHLIGHTS
- IRREPLACEABLE ASSET AND LAND SITE IN THE HEART OF DFW
- DRAMATIC REDUCTION IN OCCUPANCY COST THROUGH OWNERSHIP.
- RECENT CAPITAL PROJECTS AND RENOVATIONS COMPLETED.
- OVER 18,000 SF OF FURNISHED, PLUG AND PLAY SPACE AVAILABLE FOR OCCUPANCY
- LONG RUN OPTIONALITY AND LAND SCARCITY IN THE ARE
EXECUTIVE SUMMARY
Younger Partners, as exclusive advisor, is pleased to present the opportunity to acquire Canyon Creek Center (the “Property”), a privately owned and maintained office building in the flourishing North Dallas suburb of Richardson. The Property offers 100,000 square feet of highly efficient, neighborhood office space that is 56% leased and well positioned for an owner occupant wanting to take control of their real estate needs and enjoy the benefits of ownership. Home to a diverse rent roll, the building has existing revenues that will provide a reliable income stream.
Situated along heavily traveled Central Expressway, Canyon Creek Center is proximate to one of North Texas’ most significant residential populations. The nearby rooftops fuel demand in the building from customer facing service operators that feed off the neighborhood community. Located near the intersection of Campbell Road and Central, the Property is proximate to a wealth of restaurants, a variety of shopping destinations and is located in the heart of the region’s innovation quarter. The building has been substantially renovated and offers a variety of space availabilities to a potential owner-occupant. With over 44,000 square feet available, the building is offered at a sizeable discount to replacement cost and an attractively low basis.
Situated along heavily traveled Central Expressway, Canyon Creek Center is proximate to one of North Texas’ most significant residential populations. The nearby rooftops fuel demand in the building from customer facing service operators that feed off the neighborhood community. Located near the intersection of Campbell Road and Central, the Property is proximate to a wealth of restaurants, a variety of shopping destinations and is located in the heart of the region’s innovation quarter. The building has been substantially renovated and offers a variety of space availabilities to a potential owner-occupant. With over 44,000 square feet available, the building is offered at a sizeable discount to replacement cost and an attractively low basis.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
100,720 SF
Building Class
B
Year Built/Renovated
1981/2019
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
50,360 SF
Building FAR
0.33
Lot Size
7.11 AC
Zoning
TO-M - Technical Office
Parking
506 Spaces (5.02 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Commuter Rail
- Conferencing Facility
- Courtyard
- Food Service
- Signage
- Monument Signage
- Outdoor Seating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 107 | 3,000-5,069 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 121 | 2,500-5,495 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 149 | 1,340 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 190 | 2,341 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 4,000-9,249 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 220 | 2,021 SF | Office | Shell Space | Now |
| 2nd Fl-Ste 260 | 5,000-18,570 SF | Office | - | Now |
1st Fl-Ste 107
| Size |
| 3,000-5,069 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 121
| Size |
| 2,500-5,495 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 149
| Size |
| 1,340 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 190
| Size |
| 2,341 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 4,000-9,249 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 220
| Size |
| 2,021 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Fl-Ste 260
| Size |
| 5,000-18,570 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 107
| Size | 3,000-5,069 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 121
| Size | 2,500-5,495 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 149
| Size | 1,340 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 190
| Size | 2,341 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 4,000-9,249 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 220
| Size | 2,021 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 260
| Size | 5,000-18,570 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 42074620000010000 | Improvements Assessment | $1,309,180 |
| Land Assessment | $6,190,820 | Total Assessment | $7,500,000 |
PROPERTY TAXES
Parcel Number
42074620000010000
Land Assessment
$6,190,820
Improvements Assessment
$1,309,180
Total Assessment
$7,500,000
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Canyon Creek Center | 2201 N Central Expy
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