www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27524250
27524251

201, 207 & 2011 N. Collins, Richardson, TX 75080

CM
TX TX 572547
McNeff Commercial
Listed by McNeff Commercial
$7,870,000
238 days on market
Updated 63 days ago

Prairie Creek Office Suites

Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 44,363
Net Rentable (SqFt) 44,363
Units 32
Cap Rate 6.80%
NOI $535,473
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.8%
Pro-Forma NOI $535,473
Price per SqFt $177
Class B
Year Built 1985
Buildings 3
Stories 1
Lot Size (SqFt) 133,820
Zoning Commercial
Parking Spaces 164 per 1,000 sq ft
Investment Type Net Lease

Positioned in the heart of the Richardson technology, insurance, and financial services corridor.

Marketing description

  • Adjacent to established, affluent neighborhoods with excellent demographics.

  • New construction of single-family and multi-family residences nearby.

  • Positioned in the heart of the Richardson technology, insurance, and financial services corridor.

  • University of Texas at Dallas and companies like State Farm, Texas Instruments, Raytheon, and Cisco Systems create a thriving business ecosystem, attracting a highly skilled workforce.

  • Proximity to US 75 Central Expressway, Hwy 190 President George Bush Turnpike, and Dallas Area Rapid Transit rail provide excellent access for employees and visitors to Prairie Creek Office Suites.

  • 20+ restaurants and shopping in the immediate area.

  • Located at the northwest corner of the signalized intersection of Campbell Road and Collins Boulevard.

  • Strong, Diversified Industry Clusters Richardson isn’t dependent on just one sector. It has significant strength in technology & software, health & life sciences, research & development, financial & professional services, and advanced/additive manufacturing. This variety helps buffer against downturns in any one industry, and it means that a lot of related suppliers, customers, and talent are nearby.

  • Highly Skilled Workforce and Strong Educational Resources Richardson benefits from proximity to The University of Texas at Dallas, a top-tier (“R1”) research university which produces a pipeline of talent in STEM, business, and innovation. Also, within a 30-minute commute there are about 1.9 million workers, making it easier for businesses to recruit.

Investment highlights

  • PRAIRIE CREEK OFFICE SUITES is a 44,363 square foot, single-story office complex located at the nexus of commercial, affluent residential, dining and entertainment. With 32 tenant suites, the property is 100% leased to a diversified tenant base. Businesses and their visitors are attracted to Prairie Creek by its comfortable, approachable environment presented by street facing, residential-style buildings. All suites have separate, easily accessible entries. Below-market rents afford upside opportunity. All roofs replaced in 2024.

  • Located at the northwest corner of the signalized intersection of Campbell Road and Collins Boulevard.

  • Positioned in the heart of the Richardson technology, insurance, and financial services corridor.

  • University of Texas at Dallas and companies like State Farm, Texas Instruments, Raytheon, and Cisco Systems create a thriving business ecosystem, attracting a highly skilled workforce.

  • Proximity to US 75 Central Expressway, Hwy 190 President George Bush Turnpike, and Dallas Area Rapid Transit rail provide excellent access for employees and visitors to Prairie Creek Office Suites.

Listing Contacts

CM
TX TX 572547
McNeff Commercial
Listed by McNeff Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$535,473.00
$44,622.75/mo

Valuation Metrics

0
DSCR
6.8%
Cap Rate
6.8%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Clint McNeff
License
TX 572547
Brokerage
McNeff Commercial Real Estate
Brokerage Phone
972-437-4777
Title
Real Estate Broker
Brokerage Address
1727 Analog Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591