Allen is one of North Texas’s most consistently performing suburban markets, benefiting from strong population growth, high household incomes, and a well-educated workforce. The city has successfully positioned itself as a destination for corporate users seeking access to the Dallas–Fort Worth Metroplex while avoiding the congestion and cost of more urban office submarkets.
The property is strategically located near US-75 and SH-121, providing convenient north–south and east–west connectivity throughout Collin County and the broader DFW region. This accessibility supports both daily commuting and regional business travel. Allen’s quality-of-life profile has become an increasingly important factor in office location decisions.
Allen’s proactive economic development strategy, combined with high quality residential neighborhoods, strong school districts, and abundant nearby amenities, continues to attract employers and retain tenants—supporting long-term office demand.
Allen Corporate Center represents an opportunity to acquire a well-located, well-maintained office campus in a growing North Texas market with durable fundamentals and long-term demand drivers.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 mid-size 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 private investors, family offices, and groups seeking durable income with a clear path to growth, without the operational complexity of larger institutional office assets.Door-side parking, with great drive up appeal. Tenants have 24/7 access and HVAC control. Local and responsive ownership.
Easy access to Central Expressway and Highway 121 (Sam Rayburn Tollway) via McDermott Drive, Watters Road and Exchange Avenue. Close to wide variety of restaurants and hotels.
Highlights
4.9/1,000 Parking Ratio
Floor to ceiling glass
OPEX for 740 N Watters estimated at $8.76/SF/Year
OPEX for 760 N Watters estimated at $8.63/SF/Year
OPEX for 780 N Watters estimated at $9.47/SF/Year
OPEX for 800 N Watters estimated at $9.24/SF/Year
Private entry and restrooms
True
3 Spaces Available
100
Space Type
Office
Lease Rate
$22.00/SF/YR
Total Space
2,112 SF
Divisible Space
2,112 - 2,112 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
150
Space Type
Office
Lease Rate
$22.00/SF/YR
Total Space
1,965 SF
Floor
1
Divisible Space
1,965 - 1,965 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
CC1-150
Space Type
Shared Space
Lease Rate
$22.00/SF/YR
Total Space
5,279 SF
Divisible Space
5,279 - 5,279 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Michelle Hudson
Hudson Peters Commercial
Location
Located at 740-800 N. Watters Road, Allen, TX 75013, this property is part of the Downtown Allen
neighborhood and Dallas Fort Worth market.
In total, there is 9,356 square feet of office space for lease here. Availability at this location includes3 Office spaces.The property offers Multi-Tenant commercial space.
Yes, availabilities here may be suitable for small businesses with 2 office spaces
under 5,000 square feet available.
Space sizes here start at 1,965 square feet.
Parking information for the property isn't currently listed. However, other nearby parking options include
Parking Garage, located 0.78 miles away, and South Garage,
which is 1.98 miles away.