Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    204 S Central Expy Allen, TX 75013

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2500 SF retail space available for rent.

    Property size:
    2,500 SF
    Lot size:
    34.10 Acres

    Property Features for 204 S Central Expy

    General Information

    Size
    2,500 SF
    Lot size
    34.10 Acres

    We can help!

    Listing Contact
    Kevin Glazer
    Source: Moodyscre

    Listing Agent: Kevin Glazer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Allen, Texas

    This property offers 2500 square feet of retail space and is located in Allen, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Anas Athar Dental Office JstyleD Barber and Beauty Barber Shop Demetrius Anderson Alternative Medicine Practice Joshua Rillo Alternative Medicine Practice Monarch Dental & Orthodontics Dental Office

    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
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.6800515
    Latitude
    33.0998552

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Watter's Creek

      Discover many ways to work your way in Reston Town Center I
      825 Crk Blvd, Allen, TX 75013
      View Details
    • $6,000 /Mo
      219,586 SF

      Furnished Office Space in Allen

      Fully-furnished office space with amenities in Allen, Texas.
      450 Century Pkwy, Allen, TX 75013
      View Details
    • $3,000 /Mo
      219,586 SF

      Furnished Office Space in Allen

      Fully-furnished office spaces with amenities in Allen, Texas.
      450 Century Pkwy, Allen, TX 75013
      View Details
    • $15,000 /Mo
      10,000 SF

      Proposed Retail Space in Allen

      Proposed retail and commercial space available for lease in Allen.
      0000 Mcgarity Ln, Allen, TX 75002
      View Details
    • Contact for pricing
      25,675 SF

      Class A Office Space Available

      Premium office space with modern amenities and convenient location.
      950 W Bethany Dr, Allen, TX 75013
      View Details
    • $6,500 /Mo

      Retail Space in Allen, TX

      Prime retail space in high-traffic Allen shopping center.
      1259 N Alma Dr, Allen, TX 75013
      View Details
    • Contact for pricing
      739,635 SF

      Highway 121 Frontage Flex Space

      Flex space with highway frontage and convenient airport access.
      Hwy 121 & Chelsea Blvd, Allen, TX 75013
      View Details
    • Contact for pricing
      1,049 SF

      Retail/Medical Space in Allen, TX

      Premier retail and medical development along Watters Rd in Allen.
      960 Ridgeview Dr, Allen, TX 75013
      View Details
    • Contact for pricing
      2,124 SF

      Mixed-Use Development in Allen, Texas

      Resort-style mixed-use development with retail, dining, office, and residential spaces.
      911-939 Garden Park Dr, Allen, TX 75013
      View Details
    • Contact for pricing
      10,112 SF

      Office Space in Allen, Texas

      Office space available in a growing Allen, Texas trade area.
      & SH 121 Sec Of Exchange Pkwy, Allen, TX
      View Details
    • $16 SF/Yr
      3,099 SF

      Allen Plaza Medical Office Suites

      Prime Allen, TX Medical Office Space
      515 Main St, Allen, TX 75013
      View Details
    • Contact for pricing
      5,500 SF

      Mixed-Use Development in Allen, TX

      Resort-style mixed-use development with retail, dining, office, and residential.
      825 Watters Crk Blvd, Allen, TX
      View Details

    FAQs

    What type of property is this?
    Retail space - 2500 SF retail space available for rent.
    Where is this retail space located?
    The property is located at 204 S Central Expy Allen, TX.
    What are key features of this property?
    This property features: - 2500 SF retail space
    (585) 359-3000
    Request Owner's contact information
    204 S Central Expy Allen, TX 75013
    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.
    204 S Central Expy
    Allen, TX 75013
    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
    204 S Central Expy Allen, TX 75013
    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

    We can help!
    Listing Contact
    Kevin Glazer
    (585) 359-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.