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Commercial Real Estate in Richardson, TX - 182 Properties Available

  • Creekview Corporate Center II - Richardson
    1300 East Lookout Drive, Galatyn Station, Richardson, TX 75082
    For Lease $16.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 151,073 Sqft
  • 2323 North Central Expwy - Richardson
    2323 North Central Expwy, Prairie Creek Estates East, Richardson, TX 75080
    For Lease $17/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 136,091 Sqft
  • 1410 East Renner Road - Richardson
    1410 East Renner Road, Foxboro, Richardson, TX 75082
    For Lease $17/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 122,300 Sqft
  • Palisades II - Richardson
    2435 North Central Expwy, Canyon Creek Country Club, Richardson, TX 75080
    For Lease $24.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 13 Spaces
    • 77,795 Sqft
  • 1600 North Collins Blvd - Richardson
    1600 North Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $22/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 68,367 Sqft
  • Walnut Abrams Plaza - Building II - Richardson
    1219 Abrams Road, Richland Park, Richardson, TX 75081
    For Lease $12.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 56,042 Sqft
  • Palisades I - Richardson
    2425 North Central Expwy, Canyon Creek Country Club, Richardson, TX 75080
    For Lease $20/Sqft/Yearly
    Property
    • Office
    Availability
    • 8 Spaces
    • 32,778 Sqft
  • Creekview Corporate Center I - Richardson
    2301 North Greenville Avenue, Galatyn Station, Richardson, TX 75082
    For Lease $16.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 30,157 Sqft
  • Collins Plaza - Richardson
    1755 North Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $16.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 9 Spaces
    • 27,469 Sqft
  • 2929 North Central Expwy - Richardson
    2929 North Central Expwy, Canyon Creek Country Club, Richardson, TX 75080
    For Lease $19/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 26,597 Sqft
  • Woodcreek Plaza - Richardson
    101 West Renner Road, Foxboro, Richardson, TX 75082
    For Lease $19.25 - $19.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 25,908 Sqft
  • Campbell Creek Pavilion - Richardson
    2220 Campbell Creek Blvd, Galatyn Station, Richardson, TX 75082
    For Lease $12.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 24,538 Sqft
  • Verizon Business Network Services - Richardson
    2400 North Glenville Drive, Galatyn Station, Richardson, TX 75082
    For Lease $18/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 23,682 Sqft
  • Galatyn Commons - Building D - Richardson
    1011 Galatyn Pkwy, Galatyn Station, Richardson, TX 75082
    For Lease $21.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 20,556 Sqft
  • 190 Tech Park I - Richardson
    2703 Telecom Pkwy, Creek Hollow, Richardson, TX 75082
    For Lease $9.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 20,426 Sqft
  • Prairie Creek Office Suites - Richardson
    2001 North Collins Blvd, Prairie Creek Estates East, Richardson, TX 75080
    For Lease $14.95 - $16.45/Sqft/Yearly
    Property
    • Office
    Availability
    • 11 Spaces
    • 15,038 Sqft
  • Richardson Office Center I - Richardson
    3101 East President George Bush Hwy, Creek Hollow, Richardson, TX 75082
    For Lease $19.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 13,230 Sqft
  • Eastside Atrium - Richardson
    800 East Campbell Road, Galatyn Station, Richardson, TX 75081
    For Lease $18.5 - $20.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 12,485 Sqft
  • Spring Creek V Business Park - Richardson
    1100 East Campbell Road, Galatyn Station, Richardson, TX 75081
    For Lease $11/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,830 Sqft
  • Eastside Centre - Richardson
    740 East Campbell Road, Galatyn Station, Richardson, TX 75081
    For Lease $15.75/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 8,784 Sqft
  • Central Park Business Center - Richardson
    1901 North Glenville Drive, Galatyn Station, Richardson, TX 75081
    For Lease $9/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 7,120 Sqft
  • Spring Valley Business Center - Richardson
    1055 South Sherman Street, Prestonwood Central, Richardson, TX 75081
    For Lease $14.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 5,671 Sqft
  • 1702 North Collins Blvd - Richardson
    1702 North Collins Blvd, Northrich, Richardson, TX 75080
    For Lease $14 - $17/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 5,551 Sqft
  • Collins Square - Richardson
    1301 East Collins Blvd, Galatyn Station, Richardson, TX 75081
    For Lease $19.5/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 3,680 Sqft
  • University Centre - Richardson
    1701 Gateway Blvd, Northrich, Richardson, TX 75080
    For Lease $15/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 3,025 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: 15,933,094 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 / 20.35% of total office
  • 100k to 500k SF: 10,311,364 SF / 64.72% of total office
  • 500k to 1M SF: 1,329,510 SF / 8.34% of total office
  • > 1M SF: 1,050,550 SF / 6.59% of total office

By class:

  • Class A: 4,806,449 SF / 30.17% of total office
  • Class B: 8,687,234 SF / 54.52% of total office
  • Class C: 1,607,411 SF / 10.09% of total office

Industrial

Total: 7,473,374 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: 4,796,087 SF / 64.18% of total industrial
  • 500k to 1M SF: 1,374,760 SF / 18.4% of total industrial
  • > 1M SF: 1,112,562 SF / 14.89% of total industrial

By class:

  • Class A: 3,671,700 SF / 49.13% of total industrial
  • Class B: 3,679,822 SF / 49.24% of total industrial
  • Class C: 121,852 SF / 1.63% 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

Residential Rents in Richardson, TX

Richardson provides a reasonable choice to rent apartment spaces in the area. The average rent for an apartment is $1,236/month, an 8% increase compared to the previous year. The most affordable neighborhoods in Richardson are Crowley Park, where the average rent goes for $1,187/month, Sherrill Park, where renters pay $1,187/month on average, and Berkner Park, where the average rent goes for $1,209/month. The most expensive are Richardson Heights, University of Texas, and Campbell at $1,214/month.

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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 3025 square feet and 151073 square feet. Discover the right property from our 182 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.