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Commercial Real Estate in Richardson, TX - 193 Properties Available

  • 1702 N. Collins - Richardson
    1702 N Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $14 - $17/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,959 Sqft
  • Promenade Tower - Richardson
    300 N Coit Rd, Richardson Heights, Richardson, TX 75080
    For Lease $6.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,719 Sqft
  • 1301 & 1303 East Arapaho - Richardson
    1301 East Arapaho Road, Galatyn Station, Richardson, TX 75081
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 71,497 Sqft
  • Campbell 1 - 1200-1210 East Campbell Road - Richardson
    1200 East Campbell Road, Galatyn Station, Richardson, TX 75081
    For Lease $15.17/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,209 Sqft
  • Prairie Creek Office Suites - Richardson
    2001 North Collins Blvd, Prairie Creek Estates East, Richardson, TX 75080
    For Lease $13.45/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,473 Sqft
  • 190 Office Center - 1301 West President George Bush Hwy - Richardson
    1301 West President George Bush Hwy, University of Texas at Dallas, Richardson, TX 75080
    For Lease $23 - $26/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 57,012 Sqft
  • University Plaza - Richardson
    275 West Campbell Road, Northrich, Richardson, TX 75080
    For Lease $17 - $18/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 39,942 Sqft
  • Campbell 1 - 1217-1219 Digital Drive - Richardson
    1217 Digital Drive, Galatyn Station, Richardson, TX 75081
    For Lease $15.17/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 36,077 Sqft
  • Custer Court - Richardson
    501 West President George Bush Hwy, Canyon Creek Country Club, Richardson, TX 75080
    For Lease $24.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 30,839 Sqft
  • 1111 Digital Drive - Richardson
    1111 Digital Drive, Galatyn Station, Richardson, TX 75081
    For Lease $6.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 25,715 Sqft
  • Collins Plaza - Richardson
    1755 North Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $16 - $17/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 30,196 Sqft
  • Campbell Business Center - Richardson
    2050 North Plano Road, University Estates North, Richardson, TX 75082
    For Lease $14 - $16/Sqft/Year
    Property
    • Office
    Availability
    • 16 Spaces
    • 61,809 Sqft
  • Arapaho Business Park - Richardson
    1202 East Arapaho Drive, Richardson East, Richardson, TX 75081
    For Lease $6 - $16.5/Sqft/Year
    Property
    • Industrial
    Availability
    • 10 Spaces
    • 43,168 Sqft
  • 190 Office Center - 1311 West President George Bush Hwy - Richardson
    1311 West President George Bush Hwy, University of Texas at Dallas, Richardson, TX 75080
    For Lease $26/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,000 Sqft
  • Creekview Corporate Center II - Richardson
    1300 East Lookout Drive, Galatyn Station, Richardson, TX 75082
    For Lease $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 151,073 Sqft
  • Campbell 2 - Richardson
    1220 East Campbell Road, Galatyn Station, Richardson, TX 75081
    For Lease $14 - $15/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 17,029 Sqft
  • Walnut Abrams Plaza - Building II - Richardson
    1219 Abrams Road, Richland Park, Richardson, TX 75081
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 56,042 Sqft
  • Galatyn Commons - Building A - Richardson
    2375 North Glenville Drive, Galatyn Station, Richardson, TX 75082
    For Lease $19.75/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 33,465 Sqft
  • Twin Central Tower - Richardson
    1401 North Central Expwy, Richardson Crossing, Richardson, TX 75080
    For Lease $15.25/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 10,330 Sqft
  • Spring Valley Business Center - Richardson
    1055 South Sherman Street, Prestonwood Central, Richardson, TX 75081
    For Lease $14.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 5,671 Sqft
  • Corporate Place of Richardson - Richardson
    1101 East Arapaho Road, Galatyn Station, Richardson, TX 75081
    For Lease $16 - $18.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 11,109 Sqft
  • 2701 & 2703 North Central Expwy - Richardson
    2703 North Central Expwy, Canyon Creek Country Club, Richardson, TX 75080
    For Lease $9.75 - $11.25/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 174,825 Sqft
  • Greenway Plaza I - Richardson
    2150 Lakeside Blvd, Galatyn Station, Richardson, TX 75082
    For Lease $19/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 29,621 Sqft
  • Collins Commerce Center - Richardson
    1651 North Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $18.3/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,558 Sqft
  • Collins Crossing - Richardson
    1500 North Greenville Avenue, Galatyn Station, Richardson, TX 75081
    For Lease $16 - $20/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 62,747 Sqft

Richardson, TX Economic Overview

Location Photo

Richardson is a vibrant and diversified business community, strategically located near the Dallas/Fort Worth Metroplex and home to the University of Texas. The city has a population of just over 108,000 and is at the heart of a significant employment center, the Telecom Corridor area. Richardson has been recognized for its economic stability and strong fiscal management. More than 5,000 business have operations within the city’s 28 square miles, making the Richardson commercial real estate market highly sought after. The city also has a state-wide reputation as a great place to play, with numerous art and cultural festivals throughout the year.

Despite declining economic performance in other parts of the country, Richardson experienced substantial improvements in its economic environment from 2005 to 2009. The city’s total assessed property value rose from $8.3 billion in 2005 to $9.5 billion in 2008. The city has performed considerably well in corporate recruitment and retention. It now hosts the largest Dallas/Fort Worth Metroplex office campus development since 1987, the Blue Cross Blue Shield development, a 15-story regional headquarters where 3,100 employees work. Other corporate relocations to Richardson include Bank of America, Yahoo, and Fujitsu Transaction Solutions. The city has diversified its business base of telecom companies with financial service firms like State Farm Insurance and GEICO. Richardson has maintained an AAA rating from S&P’s for the past seven years, placing it among the top 5.8% of rated statewide communities.

Richardson, TX Commercial Real Estate Market

A surge in mixed-use development, suburban infill, and transit-oriented development has hit the city’s eastern side in recent years. Over half of the 56 existing shopping centers and buildings have been remodeled or redeveloped over the past 10 years. Eight new centers have been built, including the Prosper Centre, CityLine Market, and other transit-oriented developments.

Downtown Richardson is currently undergoing a long-awaited rezoning initiative through its Main Street/Central Expressway Corridor, which will include incorporation of additions to the Downtown Richardson office market. This is Richardson’s original downtown and the major access route to the community, business area and neighborhoods.  

The Telecom Corridor office market has historically had a significant presence of communications companies and suppliers. It the past few years, however, its business community had evolved to incorporate innovative new technologies. Its key clusters are communications, computer gaming, cleantech, cloud computing, and semiconductor.

CityLine is a recently new development in Richardson, winning the 2017 Regional Economic Development Excellence Award for the project, and has been called a “game changer” for the city and its development. CityLine offers easy access to DART, plentiful parking, and a brand new office scene. The appeal has already attracted major corporations, with 12,800 on-site employees, including State Farm Insurance’s new campus. The development has 2.5 million square feet of leased office space with 1.8 million square feet coming soon. Up to 3 million square feet of office space can be developed at CityLine.

Richardson, TX Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Richardson, TX Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Richardson, TX Commercial Inventory Breakdown

Office Spaces

Total: 16,063,965 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 3,241,670 SF / 20.18% of total office
  • 100k to 500k SF: 10,442,235 SF / 65% of total office
  • 500k to 1M SF: 1,329,510 SF / 8.28% of total office
  • > 1M SF: 1,050,550 SF / 6.54% of total office

By class:

  • Class A: 4,806,449 SF / 29.92% of total office
  • Class B: 8,702,105 SF / 54.17% of total office
  • Class C: 1,723,411 SF / 10.73% of total office

Industrial

Total: 7,466,497 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 189,965 SF / 2.54% of total industrial
  • 100k to 500k SF: 4,789,210 SF / 64.14% of total industrial
  • 500k to 1M SF: 1,374,760 SF / 18.41% of total industrial
  • > 1M SF: 1,112,562 SF / 14.9% of total industrial

By class:

  • Class A: 3,671,700 SF / 49.18% of total industrial
  • Class B: 3,794,797 SF / 50.82% of total industrial

Employment in Richardson, TX

Employment

Richardson is the second largest employment center in the Dallas/Fort Worth metro area. The largest employers in the area include insurance and financial services firms like State Farm Insurance, telecommunications firms like AT&T, and the education sector, including the University of Texas at Dallas. The Dallas/Fort Worth employment level has stabilized below the national average at roughly 3.7%.

According to the Bureau of Labor Statistics, the following sectors employ the most people in the Dallas/Fort Worth region:

  • Trade, transport and utilities – currently employs 760,800, growing at 3.3%/year
  • Professional and business services – currently employs 597,300, growing at 4.0%/year
  • Education and health services – currently employs 441,000, growing at 2.8%/year

Education in Richardson, TX

Richardson is home to the University of Texas at Dallas, sometimes referred to as UT Dallas or UTD, a public research university with 133 degree programs that demonstrate academic excellence. It’s also home to Richland College, which boasts an enrollment of nearly 14,000 students. The city is served by the Richardson Independent School District (RISD) and the Plano Independent School District (PISD) for the portion of the city located in Collin County.

Commuting Time in Richardson, TX

Richardson’s transportation network is a key advantage of the city. The drive between Dallas and Richardson is easy, convenient, and takes 20 minutes or less. The city has access to:

  • three major freeways,
  • four DART light rail commuter stations,
  • city-wide service with DART public buses,
  • and non-stop freeway access to DFW International airport

Richardson Demographics

Population

  • Total Population111,055
  • Male Population(49.2 %) 54,644
  • Female Population(50.8 %) 56,411
  • Median Age37.00

Income/Financial

  • Average Household Income$98,947
  • Median Household Income$76,719
  • Median Income Under 25$25,991
  • Median Income 25-44$86,654
  • Median Income 45-64$97,505
  • Median Income Over 65$51,747

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COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Richardson, TX. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 2558 square feet and 174825 square feet. Discover the right property from our 193 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.