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    16415 Addison Rd Addison, TX 75001

    Sponsored
    For Lease
    $23 SF/Yr

    Class A Office Space for Lease in Addison, TX

    Lot size:
    149,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Charter, a prestigious Class A office building located at 16415 Addison Rd, Addison, TX 75001, offers exceptional executive office suites for lease. This nine-story building, totaling 149,578 square feet, underwent a complete renovation in 2021, ensuring modern amenities and a sophisticated work environment. Currently, there are multiple suites available, ranging from a minimum of 557 square feet to a maximum contiguous space of 3,353 square feet, providing flexibility for businesses of various sizes. The building boasts a total of 11 suites, with 14,386 square feet currently vacant. Built in 1985, The Charter provides ample parking with a ratio of 4.0 spaces per 1,000 square feet. Its prime location in Dallas County, Addison, offers easy access to major transportation routes and a vibrant business community. The building's modern design and updated features create an ideal setting for discerning businesses seeking a prestigious and functional workspace. Interested parties are encouraged to inquire about available space and lease terms. This is an exceptional opportunity to secure high-quality office space in a highly sought-after location.

    Property Features for 16415 Addison Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    149,578 SF
    Class
    A
    Total Rate
    286691.17

    Building Details

    Year Built/Renovated
    1985/2021
    Stories
    9

    Unit(s) available at that property

    Space
    Unit 320
    Size
    2,308 SF
    Rate per SF
    $23
    Space
    Unit 160
    Size
    1,672 SF
    Rate per SF
    $23
    Space
    Unit 100
    Size
    1,952 SF
    Rate per SF
    $23
    Space
    Unit 310
    Size
    557 SF
    Rate per SF
    $23
    Space
    Unit 170
    Size
    3,353 SF
    Rate per SF
    $23
    Space
    Unit 120
    Size
    2,416 SF
    Rate per SF
    $23
    Space
    Unit 710
    Size
    2,128 SF
    Rate per SF
    $23

    HighLights

    • Renovated lobby, atrium, common areas, and restrooms.
    • Updated exterior and landscaping.
    • New amenities including a conference center, tenant lounge, and fitness center.
    • Excellent access to the Dallas North Tollway and Addison Airport.
    • Close proximity to Addison restaurants.
    • 16415 Addison Road, Addison, Texas 75001.
    Property Profile Location Intelligence

    Current Use by Public Records

    VNR-1 Communications, Inc Video Production Service Aspire Fertility Fertility Clinic Pilot Insurance Center Life Insurance Agency Metis Genetics Medical Laboratory Addison Foods Inc Meat Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dallas
    State
    Texas
    Longitude
    -96.8308189
    Latitude
    32.9727655

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space for Lease in Addison, TX
    Where is this office property / space located?
    The property is located at 16415 Addison Rd Addison, TX.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Renovated lobby, atrium, common areas, and restrooms.; Updated exterior and landscaping.; New amenities including a conference center, tenant lounge, and fitness center.
    Request Owner's contact information
    16415 Addison Rd Addison, TX 75001
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    Addison, TX 75001
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    Realmo Value Estimation

    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.

    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.

    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
    16415 Addison Rd Addison, TX 75001
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