2100 N. Greenville Avenue

Investment Overview

Spartan Partners is pleased to exclusivelyoffer to qualified investors,a 43,417 SF Class B+ Office Building builtin 1983.The property sits on approximately3.29 acres and includes 222 parking space at a ratio of 5.10 / 1,000 SF. The building is located onthe east side of Highway75 on N. Greenville Avenue. 2100 N. Greenville Avenue in Richardson- Campbell Forum III (the “Property”) is positioned in the heart of the TelecomCorridor which is home to one of the fastest growing submarket in Dallas/Ft. Worth. This strategically positioned building offers an investor a 100% occupancy and a 10-YR Absolute net lease with annual cash flow appreciation. The building has been completely renovated with state-of-the-art, high-end office finishes. The improvements include a new roof (2019) with lifetime transferable warranty, new HVAC units, LED lighting, 708 state of the art solar panels, (2) electric car charging stations, and much more. The building offers a mixture of open and private offices withmultiple conference rooms, hoteling stations,quiet rooms, and collaborative open areas. The property offers a multitude of onsite amenities including a 2,500 SF Event room fully equipped withthree 4k laserprojectors withmulti-media and live- streaming capabilitiesand two fully retractable walls (see red lines in space plan), motion sensor security cameras, a visitor lounge,2,200 SF full-service gym with locker rooms and full male/female shower facilities,a 650 SF commercial kitchen, an outside employee patio with outdoor seating, a putting green, mature trees, fullyturfed landscapte withwater features,and much more.

Area Overview

Richardson is the second largest employment center in the Dallas/Fort Worth metro area.

After large job losses were experienced in the telecommunications sector in the early 2000’s, the REDD began to push toward diversifying the our economy. Today, we're more than telecom. Our largest employers include State Farm (insurance), Raytheon (defense/aerospace), RealPage (software developer) and CBRE (real estate), to name a few. The value of this diversification was put to the test during the COVID-19 pandemic. We weathered the storm better than many communities with only a 1% increase in office vacancy and an unemployment increase of 2.8%. 

Richardson, Texas is a vibrant and diversified business community, strategically located in one of the brightest economic regions in the world – the Dallas-Fort Worth Metroplex. Richardson has an estimated population of 120,981 and over 130,000 jobs within 27.4 square miles.

Whether your company seeks the latest technological breakthrough, provides the highest level of financial service, or thrives upon the synergy between a great business and Tier-1 research university, Richardson is where excellence is the expectation.

Highlights

6.8 million invested in this property in 2018-2019.  All new plumbing, electrical, HVAC, 600K of Solar Panels, 120 PSF in interior finish out. State of the art facility