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    445 Walnut St Richardson, TX 75081

    For Lease
    $12 SF/Yr

    Richardson, TX Flex Space for Lease

    Lot size:
    26,923 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Richland Plaza, located at 445 Walnut St in Richardson, Texas (zip code 75081), offers exceptional flex space for lease in Dallas County. This multi-tenant property boasts a total of 26,923 square feet of retail and industrial space. Currently, 28,730 square feet is available, offering flexible lease options ranging from a minimum of 1,386 square feet to a maximum contiguous space of 3,607 square feet. The property's classification as "flex" space indicates its adaptability to a variety of business needs, making it ideal for companies requiring a blend of office and warehouse or light industrial space. Its location in Richardson, a thriving city in the Dallas-Fort Worth metroplex, provides excellent access to major transportation arteries, ensuring convenient commutes and efficient logistics. The property's address is easily accessible and situated within a well-established commercial area. This presents a unique opportunity for businesses seeking versatile and strategically located space to expand or establish their operations. Interested parties are encouraged to inquire about available space and lease terms. The property is ready for immediate occupancy.

    Property Features for 445 Walnut St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,923 SF
    Total Rate
    28044.79

    Unit(s) available at that property

    Space
    Suite 131
    Size
    2,193 SF
    Rate per SF
    $12
    Space
    Suite 132
    Size
    2,502 SF
    Rate per SF
    $12

    HighLights

    • 26,923 SF flex/retail space available.
    • Owner‑occupied building with a history of long‑term tenancy.
    • Abundant surface parking.
    • Professionally managed property.
    • 24/7/365 building access.
    • Convenient access to I‑635 and US‑75.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fastest Staffing Recruiter Chang Lee Chiropractor Carter Charles DDS Dentist Messi Hair Braiding Hair Salon On Point Movement & Performance Physical Therapy Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.7320888
    Latitude
    32.9258263

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    FAQs

    What type of property is this?
    Flex space - Richardson, TX Flex Space for Lease
    Where is this flex space located?
    The property is located at 445 Walnut St Richardson, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 26,923 SF flex/retail space available.; Owner-occupied building with a history of long-term tenancy.; Abundant surface parking.
    Request Owner's contact information
    445 Walnut St Richardson, TX 75081
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    Richardson, TX 75081
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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
    445 Walnut St Richardson, TX 75081
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