Mixed-Use Tower in Prime
For Sale
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300 N Coit Rd, Richardson, TX 75080
Retail and office tower with value-add potential in Richardson, TX.
Property Size142,301 SF
Days on Market103
Property Features for 300 N Coit Rd
General Information
Standard status
Active
Size
142,301 SF
Property subtype
Office
Amenities
Strategic Location: Richardson sits 15 miles north of downtown Dallas with direct access to US-75 and the George Bush Turnpike, offering fast connections to major business centers and airports.
Technology & Corporate Hub: Known as the "Telecom Corridor," Richardson is home to major employers such as AT&T, Verizon, Cisco, Texas Instruments, and Blue Cross Blue Shield of Texas.
Education & Workforce Develop: The University of Texas at Dallas, has 31,000 students and over 3,400 employees, plays a crucial role in research, innovation, and preparing a highly skilled workforce.
Building Details
Building Size
142,301 SF
Year Built
1977
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Ron Hebert · License #License(s): TX: 514271
(972) 755-5245
Source:
Marcusmillichap
Added: May 27
Changed: Sep 4
Last Checked: Sep 6 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Promenade Retail and Office Tower, located at 300 North Coit Road in Richardson, Texas, offers a mixed-use investment opportunity. The property includes 84,421 square feet of retail space and 142,302 square feet of office space. Situated near the intersection of Belt Line Road and North Coit Road, the location is in a high-tech and international business hub. The property has been recently renovated and maintained, with updates to the lobby, corridor, elevator, and HVAC systems. The asset consists of a two-story retail plaza and a 15-story office tower. Retail occupancy is at 57.21 percent, and office occupancy is at 53.05 percent. Coit Road sees over 41,600 vehicles daily. Building amenities include a conference center, tenant lounge, structured parking, on-site security, and property management. The property also offers signage opportunities and walkability to shops and dining (Walk Score 87).
Key Highlights
- Premier investment opportunity in a landmark location within a dynamic high‑tech and international business hub.
- Significant leasing upside potential due to below‑market occupancy rates in both retail (57.21%) and office (53.05%) spaces.
- Recently renovated with comprehensive updates to lobby, corridor, elevator, and HVAC systems.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 75080, TX
53,633
Population
19,971
Households
2.7
Avg Household Size
30
Median Age
57%
College-Educated
93%
High-School Grad
11.3 sq mi
ZIP Area
4,746
Density / Sq Mi
$89,773
Median Household Income
$42,004
Median Earnings
$1,817
Median Rent
$420,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office tower with value-add potential in Richardson, TX.
Where is this mixed-use property located?
The property is located at 300 N Coit Rd Richardson, TX.
What are key features of this property?
This property features: Premier investment opportunity in a landmark location within a dynamic high‑tech and international business hub.; Significant leasing upside potential due to below‑market occupancy rates in both retail (57.21%) and office (53.05%) spaces.; Recently renovated with comprehensive updates to lobby, corridor, elevator, and HVAC systems.**
