201 West Kaufman Street
Richardson, TX
Price:
$4,750,000
Cap Rate:
5.50%
NOI:
$262,000
Building Size:
Approx. 9,864 Sq. Ft.
Lot Size:
Approx. 0.66 Acres
Type:
Single-Tenant / Office
Sub Category:
Office / Industrial
Year Built / Renovated:
1980 / 2018
Investment Overview
- 1980 Construction/2018 Renovation. 9,864+/- SF Building on 0.66+/- Acre Site
- 10-Yr Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Sits Across from a High-Traffic Retail Corridor on E Main St (16,400+ VPD) & S Central Expy (64,300+ VPD)
- Located 3 Miles from Telecom Corridor Area – One of the Most Significant High-Tech Business Concentrations in U.S.
- Richardson, TX is located in the Dallas-Fort Worth Metroplex – One of the Brightest Economic Regions in the World
- This Area is a Target for Venture Capital Investments in High-Tech Start-Ups
- Richardson | Home to The University of Texas at Dallas (UTD) | Population: 115,904+
Resources