2080 N. COLLINS BLVD | RICHARDSON, TEXAS

Purchase Price
$1,500,000
Location
2080 N. Collins Blvd
Building Size
10,355 SF
Land Area
0.77 Acres (33,541 sf)
Ownership
Fee Simple
Parking
55 Spaces
Year Built
1984
APN
420727000-010A0000
Traffic Counts
4,482 VPD

INVESTMENT HIGHLIGHTS

 

TYPE OF PROPERTY:

  • Former Specialty Furniture Store
  • 10,355 Square Feet
  • 0.7677 Acres
  • Commercial Zoning
  • Permissible Uses Include Restaurant, Retail Store, and Office
  • Brand New Roof & HVAC System
  • 55 Parking Spaces
  • Steel-Frame Construction with Steel Bar-Joist Roofing Structure
  • Brick Exterior
  • Built in 1984
 

RICHARDSON, TEXAS:

  • Highest Concentration of Technology Workers in the Greater Dallas Area - 1.9 Million Total Labor Force Within a 30-Minute Commute
  • Strategically Located Between Major Freeways for Easy Commuter Access
  • Home to the University of Texas at Dallas - a Carnegie “Tier One” University
  • Highly Regarded K-12 Educational Systems with Over 90% College-Bound Graduates
  • 4 Existing DART Light Rail Stations (2 More Rails Underway) and Public Bus Service
  • 30+ Million Square Feet of Office, Flex and Industrial Space
  • Extensive Housing Options from Entry Level to Executive Homes, Town Homes, Upscale Multi-Family, and Transit-Oriented Developments
  • 800+ Acres of Parks and Recreation Facilities, Golf Courses and Over 40 Miles of Hike & Bike Trails
 

LARGEST EMPLOYERS:

  • State Farm Insurance - 9,000 Employees (Regional Hub)
  • Genpact - 4,000 Employees (Division)
  • Blue Cross & Blue Shield of Texas - 3,100 Employees (HQ)
  • The University of Texas at Dallas - 2,674 Employees (Main Campus)
  • Richardson ISD - 2,500 Employees (Local)
  • GEICO - 2,400 Employees (Regional Hub)
  • Raytheon - 2,200 Employees (Division HQ)
  • RealPage - 2,100 Employees (HQ)
  • Cisco Systems - 2,000 Employees (Division HQ)
 

UNIVERSITY OF TEXAS AT DALLAS:

  • Located 2.5 Miles from the Subject Property
  • 20,994 Undergraduate Students | 8,549 Graduate Students
  • A Rising Research Powerhouse with Eight Schools and More Than 140 Academic Degrees Including Top Ranked Programs in Business, Engineering, and Science
  • Ranked #2 - Fasting Growing Public Doctoral University in the Country (The Chronicle of Higher Education)
  • Ranked #1 - Best Value Public University in Texas (Forbes)
  • Ranked #1 - Top MBA Programs Where Grads Make More than They Owe (Forbes)
  • Ranked #21 - Nationally Ranked Graduate Programs (U.S. News & World Report)

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