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Investment Highlights
- 97% Occupancy
- 7.75% cap rate - $1,680,959 Net Operating Income
- Four Building Office Park on 8.81 Acres in Allen, TX
Executive Summary
Hudson Peters Commercial is pleased to offer Allen Corporate Center, a four-building office campus located in the heart of Allen’s primary office corridor, immediately west of US-75. The property benefits from strong visibility, excellent access, and proximity to Allen’s established retail, restaurant, and residential base.
Allen Corporate Center offers investors a rare combination of predictable in-place cash flow and future upside. The buildings feature efficient floor plans, private entries, strong
parking, and great drive-up appeal—attributes that continue to resonate with small to midsize office users seeking convenience, control, and easy access for employees and clients.
The rent roll reflects a diverse tenant mix across financial services, healthcare, professional services, construction, and government users, limiting exposure to any single industry. With a WALT of just over 3 years, the rent roll features near- and mid-term rollover that creates a clear path to mark-to-market rent growth in a submarket where new office supply has remained limited.
The offering price reflects a basis well below replacement cost, providing downside protection and limiting the risk of new competing supply at comparable rental rates.
Allen Corporate Center is well suited for investors seeking durable income with a clear path to growth, without the operational complexity of larger institutional office assets.
Allen Corporate Center offers investors a rare combination of predictable in-place cash flow and future upside. The buildings feature efficient floor plans, private entries, strong
parking, and great drive-up appeal—attributes that continue to resonate with small to midsize office users seeking convenience, control, and easy access for employees and clients.
The rent roll reflects a diverse tenant mix across financial services, healthcare, professional services, construction, and government users, limiting exposure to any single industry. With a WALT of just over 3 years, the rent roll features near- and mid-term rollover that creates a clear path to mark-to-market rent growth in a submarket where new office supply has remained limited.
The offering price reflects a basis well below replacement cost, providing downside protection and limiting the risk of new competing supply at comparable rental rates.
Allen Corporate Center is well suited for investors seeking durable income with a clear path to growth, without the operational complexity of larger institutional office assets.
Property Facts
| Price | $21,700,000 | Number of Properties | 4 |
| Price / SF | $262.78 / SF | Individually For Sale | 0 |
| Cap Rate | 7.75% | Total Building Size | 82,578 SF |
| Sale Type | Investment NNN | Total Land Area | 8.87 AC |
| Status | Active |
| Price | $21,700,000 |
| Price / SF | $262.78 / SF |
| Cap Rate | 7.75% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 82,578 SF |
| Total Land Area | 8.87 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Corporate Center Four
740 N Watters Rd, Allen, TX 75013 |
Office | 22,673 SF | 2017 | - |
|
Corporate Center One
800 N Watters Rd, Allen, TX 75013 |
Office | 22,636 SF | 2006 | - |
|
Corporate Center Three
760 N Watters Rd, Allen, TX 75013 |
Office | 19,378 SF | 2016 | - |
|
Corporate Center Two
780 N Watters Rd, Allen, TX 75013 |
Office | 17,891 SF | 2014 | - |
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