Prairie Creek Office Suites
 
2001 - 2011 N Collins Blvd, Richardson, TX 75080
$7,870,000
Price
6.79%
Cap Rate
$177
Price Per SF
44,363
Building SF
$534,393
NOI
Multiple
Tenancy

  • 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 the street-facing, residential-style buildings present. All suites have separate, easily accessible entries. Below-market rents afford upside opportunity. All roofs replaced in 2024.
DESIRABLE RICHARDSON LOCATION
  • Adjacent to established, affluent neighborhoods with excellent demographics.
  • New construction of single-family and multi-family residences nearby.
  • Positioned in the heart of the Richardson technology, insurance, and financial services corridor.
  • University of Texas at Dallas and companies like State Farm, Texas Instruments, Raytheon, and Cisco Systems create a thriving business ecosystem, attracting a highly skilled workforce.
  • Proximity to US 75 Central Expressway, Hwy 190 President George Bush Turnpike, and Dallas Area Rapid Transit rail provide excellent access for employees and visitors to Prairie Creek Office Suites.
  • 20+ restaurants and shopping in the immediate area.
  • Located at the northwest Corner of the signalized intersection of Campbell Road and Collins Boulevard.
  • Strong, Diversified Industry Clusters Richardson isn’t dependent on just one sector. It has significant strength in technology & software, health & life sciences, research & development, financial & professional services, and advanced/additive manufacturing. This variety helps buffer against downturns in any one industry, and it means that a lot of related suppliers, customers, and talent are nearby. Highly Skilled Workforce and Strong Educational Resources Richardson benefits from proximity to The University of Texas at Dallas, a top-tier (“R1”) research university which produces a pipeline of talent in STEM, business, and innovation. Also, within a 30-minute commute there are about 1.9 million workers, making it easier for businesses to recruit.
  • Excellent Infrastructure & Transportation Access Richardson has a strategic location in the DFW Metroplex with major north-south & east-west highways. Public transit is expanding: there are existing DART rail/light rail stations, plus more in the works (Silver Line by late-2025) to improve connectivity. Reliable utilities etc. support growing operations.
  • Supportive Local Government, Incentives, and Innovation Ecosystem Richardson offers fast-track permitting, confidential site selection assistance, real estate incentives, redevelopment programs, etc., which make operations or expansion smoother. Examples: The RAMP (Research Award Match Program) that helps small businesses access SBIR/STTR-type resources locally. The Richardson Innovation Quarter (IQ) provides affordable, flexible real-estate (mix of industrial/flex/office) especially suited for startups & scale-ups.
FOR MORE DETAILS CONTACT
Clinton McNeff
(972) 437-4777 x102
clint@mcneff.com
Lic: 572547