Allen Corporate Center

740-800 N. Watters Road, Allen, TX 75013

Property Information

  • For Lease $22.00/SF/YR
  • Property Type Office - General Office
  • Property Size 82,834 SF
  • Lot Size 8.81 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated Apr 29, 2026

Description

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

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.

Contact Listing Broker
Michelle Hudson

Hudson Peters Commercial

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