Democracy Place Office Space
For Lease
Contact for pricing
5300 Democracy Dr, Plano, TX 75024
Office space for rent in a campus-like setting.
Days on Market632
Property Features for 5300 Democracy Dr
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Bradford Commercial
(972) 776-7041
Listed By:
Erik Blais · License #TX 552851
Source:
Crexi
Added: Nov 6, 2024
Changed: Jul 6
Last Checked: Jul 28 at 3:51AM
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 Bradford Commercial
Investment Insights
Based on property information with market context.
Democracy Place offers office spaces within a suburban, campus-like environment. The location provides convenient access to North Dallas Tollway, George Bush Freeway, and Sam Rayburn Freeway. Ample surface parking is available around the building's perimeter, with a ratio of 4 spaces per 1000 square feet. A tenant lounge is located on the first floor. The property is near the headquarters of Toyota, Liberty Mutual, FedEx, Cinemark Theatres, and Pizza Hut. It is also located minutes from the Shops at Legacy and Legacy West, which feature restaurants such as Starbucks, True Foods, Shake Shack, Mesero, Mi Cocina, Northern Italia, Chipotle, The Capital Grille, Jamba Juice, Fireside Pies, and Sprinkles. Retailers in the vicinity include Kendra Scott, Bonobos, Tumi, Barnes & Noble, Sephora, Tommy Bahama, Frontgate, Pockets Menswear, Urban Outfitters, and Francesca’s.
Key Highlights
- Excellent location with quick access to North Dallas Tollway, George Bush Freeway, and Sam Rayburn Freeway.
- Ample surface parking available (4/1000 ratio).
- Close proximity to major headquarters like Toyota, Liberty Mutual, and FedEx.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
Explore this area
Business Placement
Demographics for 75024, TX
45,469
Population
20,362
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
3,498
Density / Sq Mi
$117,445
Median Household Income
$77,783
Median Earnings
$1,820
Median Rent
$566,200
Median Home Value
Market
Lease Benchmarks for Plano, TX
$19.92 /SF/Yr
Avg Asking Price
$0.67–$35.3 /SF/Yr
Price Range
9,178 SF
Avg Space Size
This space is priced 15% below the average of $19.92 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office space for rent in a campus-like setting.
Where is this office units located?
The property is located at 5300 Democracy Dr Plano, TX.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Excellent location with quick access to North Dallas Tollway, George Bush Freeway, and Sam Rayburn Freeway.; Ample surface parking available (4/1000 ratio).; Close proximity to major headquarters like Toyota, Liberty Mutual, and FedEx.
