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1200 S Sherman St, Richardson, TX 1300 S Sherman St, Richardson, TX
1200-1300 S Sherman St
Asset ClassOffice
overview of deal

Overview

• Approximately 32,606 sf and 41,040 sf buildings (totalling 73,646 sf) on approximately 4.71 acres of land

• Class B office / flex buildings

• Both buildings were renovated in 2018 to fit its long-term tenant needs and feature amenities such as custom laboratories, soundproof walls, and a loading area

• The assets are located to the east of I-75, offering easy access to and from the site

• Surrounded by similar one-story office product and other flex/ industrial buildings

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Investment Highlights

Avison Young is pleased to propose Disposition Advisory Services for 1200-1300 S Sherman Street. These approximately 32,606 sf and 41,040 sf buildings (totaling 73,646 sf) are located in Richardson, Texas and constructed on approximately 4.71 acres of land. The assets are one story flex buildings, both built in 1984 and renovated in 2018. DRS Technologies has occupied 1200-1300 S Sherman Street since 2012, with their current lease ending in December of 2028.

 

Both buildings were renovated in 2018 to fit its long-term tenant, DRS Technologies, needs and feature amenities such as custom laboratories, soundproof walls, and a loading area. 1200-1300 S Sherman Street offers 257 parking spots at a ratio of 3.5/1,000 sf.

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1200 S Sherman StRichardson, TX 75081
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Listing provided by Revere CRE