• Two Mission Plaza - 1202 Richardson Dr, Richardson, TX 75080

For Lease

Office

Space 315

Available now!
845
Square feet
  • Time on Market
    over 6 years
  • Space ID
    589655
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Office

Space 310

Available now!
1,012
Square feet
  • Time on Market
    over 6 years
  • Space ID
    420420
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Office

Space 215

Available now!
1,304
Square feet
  • Time on Market
    over 6 years
  • Space ID
    1350014
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Office

Space 117

Available now!
1,661
Square feet
  • Time on Market
    over 6 years
  • Space ID
    1584418
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Office

Space 205

Available now!
1,959
Square feet
  • Time on Market
    over 6 years
  • Space ID
    1350013
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Office

Space 319

Available now!
1,966
Square feet
  • Time on Market
    over 6 years
  • Space ID
    1253883
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Office

Space 304

Available now!
3,024
Square feet
  • Time on Market
    over 6 years
  • Space ID
    420422
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Office

Space 309

Available now!
3,812
Square feet
  • Time on Market
    over 6 years
  • Space ID
    420417
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Office

Space 210

Available now!
5,088
Square feet
  • Time on Market
    over 6 years
  • Space ID
    1350012
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Office

Space 400

Available now!
15,128
Square feet
  • Time on Market
    over 6 years
  • Space ID
    544156
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Property Details

Colliers International has been exclusively retained to offer qualified investors the opportunity to purchase Two Mission Plaza a 77,987 square foot office asset located in Richardson, Texas. This attractive four-story multi-tenant office building was built in 1980 of high-quality construction and is prominently situated in the northern suburbs of Dallas, Texas. This building sits on 5.11 acres within the Richardson/Plano submarket and is in close proximity to US 75, SH 121, I-635 and SH 190 offering direct and easy access to all parts of North Dallas. This offering will provide investors a value-add opportunity while offering in place cash flow. The building is surrounded by many new, high end developments including retail and restaurants and offers a well-established tenant base including a complimentary mix of professional tenants with staggered lease turnovers. This provides a potential investor with incredible value-add opportunity delivering upside potential, while offering a stable property with excellent cash flow, making this an excellent investment opportunity.
 
The subject property is located at 1202 Richardson Drive in the thriving city of Richardson, Texas, and positioned in a highly desirable location, providing a dense population corridor. Two Mission Park is situated in a strong, growing submarket of Dallas / Fort Worth, with persistent growth and construction in the immediate vicinity. Continued development of retail and restaurants along with new housing is causing rents to increase steadily over the years. A growing job market and population has spurred rapid development in Dallas’ northern suburbs.
 
The property is strategically located in the Dallas-Fort Worth Metroplex, by population, the largest metropolitan area in Texas, the largest in the South, and the fourth largest in the United States. Dallas / Fort Worth has been among national leaders in corporate relocation, with 72 major companies moving there since 2010. Dallas-Fort Worth is currently leading the job market among the nation’s largest metropolitan areas, with a growth rate of 4.8 percent, while unemployment, at 3.7 percent, is safely below the national average.
 
Two Mission Plaza is an excellent prospect for potential investors offering a stable property with some value-add opportunity delivering upside potential. The property’s design and location has been key attributes which have attracted and kept quality tenants as its occupants. Texas is an income tax-free state, providing additional benefits for investment.

Attractive 77,987 SF Office Investment Property
Complimentary Mix of Tenants - Staggered Lease Turnovers
Value Add Opportunity Offering Upside Potential
Over $550,000 in Recent Renovations
Stable Property with Ecellent Cash Flow
Prominently Located in the Affluent Suburbs of Northern Dallas

  • Property Type
    Office
  • Submarket
  • Year Built
    1982
  • Total Building Size
    77,484RSF
  • Total Acres
    1.79
  • Total Available
    35,799RSF
  • Number of Floors
    4
  • Largest Contiguous
    15,128RSF
  • Building Class
    B
  • Zoning
    O
  • Last updated
    Dec 30, 2020
  • Property ID
    247006

Landlord's Leasing Representatives

  • Jessica Reinhardt
     
  • Jessica Reinhardt