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30862852
30862853

740 North Watters Road, Allen, TX 75013

MH
TX 629153
Hudson Peters Commercial
TH
TX 646683
Hudson Peters Commercial, LLC
Listed by Hudson Peters Commercial, Hudson Peters Commercial, LLC
$21,700,000
91 days on market
Updated 18 days ago

Allen Corporate Center Investment Portfolio

Details
Property Type Office
Sub Type Traditional Office
Square Footage 82,834
Units 4
Cap Rate 7.75%
NOI $1,680,959
Occupancy 97%
Price per SqFt $262
Class B
Year Built 2017
Buildings 4
Stories 1
Acreage 8.810
Zoning PD-OC

Office | 7.75% CAP | 82,834 SqFt

Marketing description

Hudson Peters Commercial is pleased to offer Allen Corporate Center, a four-building office campus located in the heart of Allen’s primary office corridor, immediately west of US-75. The property benefits from strong visibility, excellent access, and proximity to Allen’s established retail, restaurant, and residential base.

Allen Corporate Center offers investors a rare combination of predictable in-place cash flow and future upside. The buildings feature efficient floor plans, private entries, strong parking, and great drive-up appeal—attributes that continue to resonate with small to midsize office users seeking convenience, control, and easy access for employees and clients.

The rent roll reflects a diverse tenant mix across financial services, healthcare, professional services, construction, and government users, limiting exposure to any single industry. With a WALT of just over 3 years, the rent roll features near- and mid-term rollover that creates a clear path to mark-to-market rent growth in a submarket where new office supply has remained limited.

The offering price reflects a basis well below replacement cost, providing downside protection and limiting the risk of new competing supply at comparable rental rates.

Allen Corporate Center is well suited for investors seeking durable income with a clear path to growth, without the operational complexity of larger institutional office assets.

Investment highlights

  • 97% Occupancy

  • Four Building Office Park on 8.81 Acres in Allen, TX

  • 7.75% cap rate - $1,680,959 Net Operating Income

Listing Contacts

MH
TX 629153
Hudson Peters Commercial
TH
TX 646683
Hudson Peters Commercial, LLC
Listed by Hudson Peters Commercial, Hudson Peters Commercial, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$1,680,959.00
$140,079.92/mo

Valuation Metrics

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DSCR
7.75%
Cap Rate
7.75%
ROI

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