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Property profile & analytics
OFF-MARKET
Lifestyle centers

400 Coit Rd Richardson, TX 75080

59,355 SF 42.46 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional six-building, Class A office and medical complex, Promenade Business Park, offers a diverse range of spaces ideal for various businesses. Located at 400 N Coit Rd, Richardson, TX 75080, this property boasts a total of 59,355 square feet across two stories, situated on a generous 42.46-acre lot. Built in 2002 and renovated in 2020, the property features 25 suites, with a minimum divisible space of 840 square feet and a maximum contiguous space of 1,455 square feet. Currently, 2,295 square feet of space is available. The property is zoned Z137 and benefits from ample parking with 660 spaces. Its convenient location in the Richardson submarket, near Roundrock Road, provides excellent access to major thoroughfares and a thriving community. Property taxes are $3.58 per square foot. The property's diverse zoning allows for retail, restaurant, and office uses, making it a versatile option for a variety of tenants. This is a multi-tenant property with a strong track record and significant upside potential. The property's modern amenities and prime location make it an attractive investment opportunity.

Property profile
Verified
Property type Lifestyle centers
Year built 2002
Total area 59,355 SF
Lot 42.46 ac (1,849,558 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Long Time Ago Restaurant
  • Usmania Fine Dining Restaurant
  • United States Postal Service Shipping And Mailing Service Post Office
  • CLINICA FAMILIAR UNION HISPANA Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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