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Prairie Creek Office Suites 3 Office Properties Offered at $7,870,000 in Richardson, TX
INVESTMENT HIGHLIGHTS
- Adjacent to established, affluent neighborhoods with excellent demographics.
- 20+ restaurants and shopping in the immediate area.
- Located at the northwest corner of the signalized intersection of Campbell Road and Collins Boulevard.
- Positioned in the heart of the Richardson technology, insurance, and financial services corridor.
EXECUTIVE SUMMARY
PRAIRIE CREEK OFFICE SUITES is a 44,363 square foot, single-story office complex located at the nexus of commercial, affluent residential, dining and entertainment. With 32 tenant suites, the property is 100% leased to a diversified tenant base. Businesses and their visitors are attracted to Prairie Creek by its comfortable, approachable environment presented by street facing, residential-style buildings. All suites have separate, easily accessible entries. Below-market rents afford upside opportunity. All roofs replaced in 2024.
DATA ROOM Click Here to Access
- Offering Memorandum
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $7,870,000 | Number of Properties | 3 |
| Price / SF | $177.40 / SF | Individually For Sale | 0 |
| Cap Rate | 6.80% | Total Building Size | 44,363 SF |
| Sale Type | Investment | Total Land Area | 9.21 AC |
| Status | Active |
| Price | $7,870,000 |
| Price / SF | $177.40 / SF |
| Cap Rate | 6.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 44,363 SF |
| Total Land Area | 9.21 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Prairie Creek Office Suites
2007 N Collins Blvd, Richardson, TX 75080 |
Office | 21,106 SF | 1985 | - |
|
Prairie Creek Office Suites
2011 N Collins Blvd, Richardson, TX 75080 |
Office | 18,185 SF | 1985 | - |
|
Prairie Creek Office Suites
2001 N Collins Blvd, Richardson, TX 75080 |
Office | 5,072 SF | 1984 | - |
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Prairie Creek Office Suites
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