Retail Strip
581 W Campbell Road, Richardson, TX 75080
For Sale
Contact for pricing
For sale retail strip center positioned minutes from UT Dallas in the Richardson area.
Property Size21,652 SF
Days on Market141
Property Features for 581 W Campbell Road
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Properties For Sale
at 581 W Campbell Road
1 SF
Size
1 SF
Term
Negotiable
Listing Agency:
Engvest Group - eXp Commercial
Listed By:
Daniel Eng | CCIM · License TX #514529
(214) 926-3666
Source:
Engvest
Added: Jun 25
Changed: Nov 7
Last Checked: Nov 12 at 5:37AM
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 Engvest Group - eXp Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a retail strip center offered for sale. The available information identifies the asset as a commercial retail complex at 581 W. Campbell Road in Richardson, Texas.
According to the public remarks, the center is located in the heart of Dallas, just minutes from the University of Texas at Dallas (UTD). That proximity can support a tenant mix intended to serve daytime and student-oriented demand in the surrounding area.
The property may be a practical fit for retail operators and investors looking for a straightforward strip center format in the Richardson/Dallas market near a major university. Buyers evaluating this offering can focus on confirming unit configuration, tenant-ready condition, and leasing terms during due diligence, since those details are not provided in the current materials.
According to the public remarks, the center is located in the heart of Dallas, just minutes from the University of Texas at Dallas (UTD). That proximity can support a tenant mix intended to serve daytime and student-oriented demand in the surrounding area.
The property may be a practical fit for retail operators and investors looking for a straightforward strip center format in the Richardson/Dallas market near a major university. Buyers evaluating this offering can focus on confirming unit configuration, tenant-ready condition, and leasing terms during due diligence, since those details are not provided in the current materials.
Key Highlights
- Retail strip center for sale in the Richardson area
- Located minutes from the University of Texas at Dallas (UTD) in Dallas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$259,174
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,183,480
$5.2M
Cap Rate 7%
$3,702,486
$3.7M
Cap Rate 9%
$2,879,711
$2.9M
Market Conditions
NOI Build-Up for 21,652 SF
Gross rent
$389.7K $18.00/SF
− Vacancy
−$19.5K −$0.90/SF
EGI
$370.2K $17.10/SF
− OpEx
−$111.1K −$5.13/SF
NOI
$259.2K $11.97/SF
Area
Richardson, TX
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,183,480
Cap Rate 7%
$3,702,486
Cap Rate 9%
$2,879,711
Alternative Uses
Best Use
Retail
$3.70M
$3.24M – $4.32M
NOI $259,174 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.57M
$5.75M – $7.67M
NOI $460,200 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 33%
Groceries 15%
Texaco
Shops & Services
11,162 visits/mo
0.1 miles
Dollar General
Shops & Services
7,044 visits/mo
0.1 miles
Natural Grocers
Groceries
5,238 visits/mo
0.2 miles
Peace, Love & Little Donuts
Dining
4,663 visits/mo
0.1 miles
Fuzzy's Taco Shop
Dining
4,534 visits/mo
0.1 miles
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
$420,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Strip malls in Dallas County, TX
Properties on Market for Strip malls in Dallas County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip center positioned minutes from UT Dallas in the Richardson area.
Where is this strip mall located?
The property is located at 581 W Campbell Road Richardson, TX.
What are key features of this property?
This property features: Retail strip center for sale in the Richardson area; Located minutes from the University of Texas at Dallas (UTD) in Dallas
