Four-Building Office Property
Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase Corporate Center in Allen, Texas. The four-building office property is ideally located in the supply-constrained Allen office submarket, just west of US-75 within Allen’s extensive restaurant, retail and high-end residential enclaves.
Corporate Center features efficient floor plans, modern amenities, new mechanical systems, stabilized/predictable cash flow, and a true value-add, mark-to-market opportunity as existing leases expire.
The property exhibits solid credit tenancy including Unify Financial Credit Union (an affiliate of Toyota Motor Corporation) and Encompass Home Health. The balance represents a diverse industry mix including construction, finance, insurance and local government tenants.
Corporate Center presents a tremendous opportunity for an investor to acquire a high quality property in a vastly expansive submarket with solid, in-place cash flow.
95% Occupancy
4.5 years weighted average remaining lease term
2005-2007 Delivery
Stabilized, predictable cash flow with upside
