Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    400 E Centre Park Boulevard Desoto, TX 75115

    View on Map
    Claim this Listing
    For Lease
    $1,600 /Mo

    Office - DeSoto, TX

    Type:Office
    Property size:
    7,697 SF
    Lot size:
    1.53 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    52
    Last Refresh:
    May 6 at 11:06 pm

    Property Features for 400 E Centre Park Boulevard

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    20031480010050100
    Size
    7,697 SF
    Lot size
    1.53 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Cauda

    Listing agent Chris Cauda License #0732537

    Listing office Tero Real Estate 3927 FM 813, Waxahachie, TX

    Listing date Mar 16, 2026

    MLS# 21208585 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Flexible layouts: from individual private offices (209sf) up to a large 7,697sf space.
    • Excellent location with access to 35E, I‑20, and SH‑67, ideal for DFW logistics.
    • Updated interiors providing a modern office environment.
    • Ample parking available for tenants and visitors.
    • Includes desirable features such as a reception area, conference room, and break room.
    • Features two 10’5” roll‑up bay doors for convenient access.

    Overview

    Updated Office Space in DeSoto

    This Class B multi-tenant office space offers 7,697 square feet with updated interiors, flexible layouts, and ample parking. The location provides access to 35E, I-20, and SH-67, placing businesses at the center of the DFW logistics corridor. Leasing options range from individual private offices of approximately 209 square feet up to the entire 7,697 square feet. The full space includes a reception area, two 10’5” roll-up bay doors, a conference room, and a break room. The property is situated on a 1.525-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mac Donald Realty ... Real Estate Agency FHC Contracting, Inc. Construction Company Enterprise Centre Real Estate Agency Terian Restoration General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.849096
    Latitude
    32.623621

    Nearby Similar for Lease

    • Contact for pricing

      Retail Center in High-Traffic Area

      Neighborhood retail center with strong mix of national and local tenants.
      1240 W. BELT LINE RD., Desoto, TX 75115
      View Details
    • Contact for pricing

      Retail and Medical Space Available

      Newly constructed retail space ideal for various business concepts.
      1314 W WINTERGREEN RD, Desoto, TX 75115
      View Details
    • Contact for pricing

      Desoto Office Space For Rent

      Office suites available for lease in Desoto, Texas.
      911 N HAMPTON ROAD, Desoto, TX 75115
      View Details
    • Contact for pricing

      DeSoto Flex Space Available

      Flex space available in DeSoto, Texas.
      205 Executive Way, DeSoto, TX 75115
      View Details
    • $1,716/Mo

      Hampton Road Retail/Office Space

      One-story brick retail/office center on Hampton Road.
      712 N Hampton Rd, DeSoto, TX
      View Details
    • $12 SF/Yr

      DeSoto Flex Space Available

      Flex space featuring reception area, offices, storage, and break area.
      1516 Osprey Dr, DeSoto, TX
      View Details
    • $22 SF/Yr

      Office Space with Corner Location

      Office unit featuring reception area, window offices, and corner location.
      1801 N Hampton Rd, DeSoto, TX
      View Details
    • $14 SF/Yr

      Office Space with Private Offices

      Office space featuring reception area, private offices, and storage.
      1636 N Hampton Rd, DeSoto, TX
      View Details
    • $14 SF/Yr

      Retail Space in DeSoto, TX

      Retail spaces available in a busy shopping center.
      1100 E Pleasant Run Rd, DeSoto, TX
      View Details
    • Contact for pricing

      DeSoto Office Space Available

      Office space available for rent in DeSoto, Texas.
      1510 N Hampton Rd, DeSoto, TX
      View Details
    • Contact for pricing

      DeSoto Warehouse Space Available

      5,950 SF warehouse space for rent in DeSoto, TX.
      316 Ezell Dr, DeSoto, TX
      View Details
    • $595/Mo

      DeSoto Retail and Office Space

      26,000 SF marketplace with retail, restaurant, and office spaces.
      320-360 E Belt Line Rd, DeSoto, TX
      View Details

    FAQs

    What type of property is this?
    Office units - Class B office space with flexible layouts and ample parking.
    Where is this office units located?
    The property is located at 400 E Centre Park Boulevard Desoto, TX.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: Flexible layouts: from individual private offices (209sf) up to a large 7,697sf space.; Excellent location with access to 35E, I‑20, and SH‑67, ideal for DFW logistics.; Updated interiors providing a modern office environment.
    (972) 777-4141
    We can help!
    Listing Contact
    Chris Cauda
    Real Estate License ID: 0732537
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 E Centre Park Boulevard, DeSoto, TX 75115
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!