Anchored Retail Shopping
For Sale
Contact for pricing
800 East Arapaho Road, Richardson, TX 75081
Shopping center anchored by Subway, offering an attractive exterior facade, ample parking, and convenient access to major thoroughfares.
Property Size17,763 SF
Days on Market120
Property Features for 800 East Arapaho Road
General Information
Standard status
Active
Size
17,763 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
17,763 SF
Year Built
1979
Properties For Sale
at 800 East Arapaho Road
Suite 109A
Size
1,300 SF
Type
Strip Center
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: Oct 13
Last Checked: Oct 20 at 6:59PM
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
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Investment Insights
Based on property information with market context.
Corporate Square Shopping Center is a retail shopping center anchored by Subway, featuring an attractive exterior facade and ample parking. The center is described as a multifunctional property with a strong tenant mix.
Located at 800 East Arapaho Road in Richardson, Texas, the property is positioned for easy access to major thoroughfares and emphasizes visibility and curb appeal.
With its anchored tenant and large building presence, the center offers an established retail environment suited for businesses seeking a well-known retail setting within a shopping center configuration.
Located at 800 East Arapaho Road in Richardson, Texas, the property is positioned for easy access to major thoroughfares and emphasizes visibility and curb appeal.
With its anchored tenant and large building presence, the center offers an established retail environment suited for businesses seeking a well-known retail setting within a shopping center configuration.
Key Highlights
- Shopping center built in 1979
- Anchored by Subway
- Attractive exterior facade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$212,623
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,252,460
$4.3M
Cap Rate 7%
$3,037,471
$3.0M
Cap Rate 9%
$2,362,478
$2.4M
Market Conditions
NOI Build-Up for 17,763 SF
Gross rent
$319.7K $18.00/SF
− Vacancy
−$16.0K −$0.90/SF
EGI
$303.7K $17.10/SF
− OpEx
−$91.1K −$5.13/SF
NOI
$212.6K $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%
$4,252,460
Cap Rate 7%
$3,037,471
Cap Rate 9%
$2,362,478
Alternative Uses
Best Use
Retail
$3.04M
$2.66M – $3.54M
NOI $212,623 @ 7.0% cap · market cap 850,492.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.39M
$4.72M – $6.29M
NOI $377,542 @ 7.0% cap · market cap 1,510,168.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 40%
Shops & Services 13%
Tom Thumb
Groceries
24,152 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
17,508 visits/mo
0.1 miles
Bank of America
Shops & Services
4,189 visits/mo
0.1 miles
The UPS Store
Shops & Services
1,717 visits/mo
0.2 miles
China Express
Dining
1,094 visits/mo
0.2 miles
Demographics for 75081, TX
37,766
Population
14,662
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
90%
High-School Grad
9.0 sq mi
ZIP Area
4,196
Density / Sq Mi
$90,953
Median Household Income
$50,026
Median Earnings
$1,765
Median Rent
$340,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — 819 W Arapaho Rd Safeway, Richardson, TX 75080
- Arapaho Village Shopping Center — 801-819 W Arapaho Rd, Richardson, TX 75080
- Camelot Shopping Center — 580 W Arapaho Rd, Richardson, TX 75080
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center anchored by Subway, offering an attractive exterior facade, ample parking, and convenient access to major thoroughfares.
Where is this shopping center located?
The property is located at 800 East Arapaho Road Richardson, TX.
What are key features of this property?
This property features: Shopping center built in 1979; Anchored by Subway; Attractive exterior facade
