Office Space
1616 Gateway Boulevard Richardson, TX 75080
Details & Description
Price: $1,875,000
    This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT. Call 214-945-1056 for a showing today!
    Property Highlights
    Additional Photos
    Listing Agents
    Stephen Hargrove

    O: 972-468-7900
    M: 214-945-1056
    stephen@gc-realtor.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1616 Gateway Boulevard

    Richardson, TX 75080

    Listing ID: 269342
    • 1616 Gateway Boulevard Richardson, TX 75080 | for Sale | Photo 1
    • 1616 Gateway Boulevard Richardson, TX 75080 | for Sale | Photo 2
    • 1616 Gateway Boulevard Richardson, TX 75080 | for Sale | Photo 3
    • 1616 Gateway Boulevard Richardson, TX 75080 | for Sale | Photo 4
    1616 Gateway Boulevard | for Sale | Thumbnail 1
    1616 Gateway Boulevard | for Sale | Thumbnail 2
    1616 Gateway Boulevard | for Sale | Thumbnail 3
    1616 Gateway Boulevard | for Sale | Thumbnail 4
    Building Size: 7,992 SF
    Lot Size: 0.746 AC
    Land Size: 32,495 SF
    Building $/SF: $234.61
    Land $/SF: $57.70
    Price
    $1,875,000
    Property Highlights
    Monument Signage
    Easy Access to I-75 and PGBT
    New Roof and HVAC systems 2018
    Restaurants and Shopping Close by
    Close to University of Texas at Dallas
    Signage in Front and Back of Building
    High Visibility and Heavy Traffic Counts
    Description

    This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT. Call 214-945-1056 for a showing today!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Garland History of Office Space for Sale

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    Richardson Area Market Trends

    Listing Demographics for 1616 Gateway Boulevard Richardson, TX 75080

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,182111,665377,364
    Population Median Age403837
    Population by Age0-9 Yrs1010 (12%)13552 (12%)50632 (13%)
    10-19 Yrs838 (10%)13364 (11%)47312 (12%)
    20-29 Yrs1306 (15%)18999 (17%)61779 (16%)
    30-39 Yrs1159 (14%)16003 (14%)57300 (15%)
    40-49 Yrs1031 (12%)12026 (10%)46816 (12%)
    50-59 Yrs796 (9%)12997 (11%)44643 (11%)
    60-69 Yrs830 (10%)12563 (11%)36554 (9%)
    70+ Yrs1212 (14%)12160 (10%)32328 (8%)
    Median HH Income$70,990$78,018$64,042
    Total Household Income< 24K476 (13%)5483 (13%)24110 (17%)
    25-49K575 (16%)7292 (17%)30866 (22%)
    50-74K794 (22%)7540 (17%)24906 (17%)
    75-99K404 (11%)5533 (13%)16699 (11%)
    100-199K822 (23%)12486 (29%)31990 (22%)
    200K+390 (11%)3631 (8%)11391 (8%)
    Highest Education LevelNo Diploma456634435103
    Diploma or GED5861033442723
    Some College13261547250859
    Assoc. Degree351480116083
    Bachelors Degree19652504567923
    Higher Degree10731308836561
    Total Housing Units3,81944,974152,391
    --Owner-Occupied1,79724,72467,467
    --Renter-Occupied1,66417,24072,495
    Owner-Occupied Values< 100K1288793898
    100-199K550682319624
    200-299K402850019172
    300-399K220518012738
    400-499K20619886151
    500K+29113555884
    Total Working Age Population6,66190,777298,651
    In Work Force4,57060,203208,261
    Not In Work Force2,09130,57390,390
    Workforce Employed4,42957,828198,356
    Workforce Unemployed1272,2829,756
    Civlian Workforce4,55660,110208,112
    Military Workforce1393149
    Total Households3,46141,964139,961
    Family Households1,85627,33889,735
    Non-Family Households1,60514,62650,227
    Married Couple1,45921,10063,260
    Other Family3966,23826,475
    Married w/Child6018,65627,937
    Single Male w/Child716163,578
    Single Female w/Child1702,35510,106

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Collin County491,675+59782,341+331,039,369+341,391,461
    Dallas County2,218,899+72,368,139+152,734,111+143,106,298

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1616 Gateway Boulevard in Richardson?
    The asking price for 1616 Gateway Boulevard is $1,875,000
    What is the building size of this Office property in Richardson, TX?
    The size of the building/unit at 1616 Gateway Boulevard in Richardson is 7,992 square feet
    How much land does the Richardson, TX property at 1616 Gateway Boulevard include?
    1616 Gateway Boulevard in Richardson includes 0.746 acres of land
    What kind of Office is the propery at 1616 Gateway Boulevard?
    The property at 1616 Gateway Boulevard Richardson, TX 75080 is listed as a Professional Office property
    What is the population within 1 mile of 1616 Gateway Boulevard in Richardson?
    The population within 1 mile of 1616 Gateway Boulevard Richardson, TX 75080 is 8,182 people.
    Who do I contact for questions about 1616 Gateway Boulevard?
    You should contact the listing agent, Stephen Hargrove , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Love Field (DAL) 11
    Dallas Fort Worth International Airport (DFW) 19
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 124
    Price
    $1,875,000
    Listing Agent
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