Office Space / Texas / Allen / 75013 / 508 West McDermott Drive

508 West McDermott Drive

Q: What is the asking price for 508 West McDermott Drive in Allen?

The asking price for 508 West McDermott Drive is $2,005,000

Q: What is the building size of this Office property in Allen, TX?

The size of the building/unit at 508 West McDermott Drive in Allen is 7,525 square feet.

Q: How much land does the Allen, TX property at 508 West McDermott Drive include?

508 West McDermott Drive in Allen includes 0.680 acres of land.

Q: What kind of Office is the propery at 508 West McDermott Drive?

The property at 508 West McDermott Drive Allen, TX 75013 is listed as a Medical Office property.

Q: What is the population within 1 mile of 508 West McDermott Drive?

The population within 1 mile of 508 West McDermott Drive Allen, TX 75013 is 7,623 people.

Q: Who do I contact for questions about 508 West McDermott Drive?

You should contact the listing agent, Alan Rust, for any details regarding this commercial listing.

Allen, TX 75013

No Longer Listed

Price

$ /mo

Property Highlights

Dental Republic: Allen is a three-tenant 100% leased asset in Allen, Texas (a suburb of Dallas)

The Dental Republic dental practice occupies 60.4% of the 7,525 SF building on a 20,255 SF lot

Tiger Asian Bowl (a sushi restaurant) occupies 1,975 SF and Wrexx Dance Studio occupies the remaining 1,000 SF

Excellent visibility to over 29,000 vehicles per day on W. McDermott Dr

The Dental Republic dental practice has been in operation for over 20 years and has 9 office locations

Dental Republic has recently signed a 5-year NNN extension to their lease with annual 2.0% base rent increases

Description

Surrounded by a population of 112,677 with average household income of $120,900 within 3 miles and 282,010 residents with average household income of $123,790 within 5 miles.

Attachments & Files

dentalrepublic-allentxinfinityplazainvestmentsa-RjR.pdf

Listing Demographics for 508 West McDermott Drive Allen, TX 75013

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 Population		7,623	100,133	271,241
Population Median Age		38	36	36
Population by Age	0-9 Yrs	767 (10%)	14021 (14%)	36563 (13%)
	10-19 Yrs	1155 (15%)	14386 (14%)	41031 (15%)
	20-29 Yrs	954 (12%)	13287 (13%)	30989 (11%)
	30-39 Yrs	1206 (15%)	13166 (13%)	36825 (13%)
	40-49 Yrs	1239 (16%)	15879 (15%)	46070 (16%)
	50-59 Yrs	1066 (13%)	14863 (14%)	38051 (14%)
	60-69 Yrs	460 (6%)	8400 (8%)	23130 (8%)
	70+ Yrs	778 (10%)	6133 (6%)	18583 (6%)

Median HH Income		$76,780	$103,545	$104,301
Total Household Income	< 24K	325 (10%)	2745 (8%)	7025 (7%)
	25-49K	641 (20%)	4300 (12%)	11339 (12%)
	50-74K	582 (18%)	5016 (14%)	14098 (15%)
	75-99K	469 (14%)	4399 (12%)	11926 (12%)
	100-199K	837 (26%)	11369 (33%)	32660 (35%)
	200K+	308 (9%)	6048 (17%)	15293 (16%)

Highest Education Level	No Diploma	204	3277	9241
	Diploma or GED	1118	9424	23487
	Some College	1219	13036	33171
	Assoc. Degree	399	4985	13900
	Bachelors Degree	1451	22018	63806
	Higher Degree	966	12723	34713

Total Housing Units		3,384	35,639	97,209
--Owner-Occupied		1,062	22,466	62,120
--Renter-Occupied		2,100	11,412	30,221
Owner-Occupied Values	< 100K	20	303	841
	100-199K	184	2486	5896
	200-299K	270	7579	18931
	300-399K	333	6261	19427
	400-499K	118	2682	8450
	500K+	137	3154	8575

Total Working Age Population		6,118	77,333	208,761
In Work Force		4,260	55,452	148,607
Not In Work Force		1,858	21,881	60,153
Workforce Employed		4,103	52,894	142,368
Workforce Unemployed		157	2,543	6,191
Civlian Workforce		4,260	55,436	148,559
Military Workforce		0	16	49

Total Households		3,162	33,878	92,341
Family Households		1,929	25,815	71,262
Non-Family Households		1,232	8,063	21,078
Married Couple		1,282	21,164	59,146
Other Family		648	4,651	12,116
Married w/Child		750	11,630	31,373
Single Male w/Child		106	435	1,472
Single Female w/Child		210	2,120	5,343

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Collin County	491,675	+59	782,341	+33	1,039,369	+34	1,391,461

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 508 West McDermott Drive in Allen?

The asking price for 508 West McDermott Drive is $2,005,000

What is the building size of this Office property in Allen, TX?

The size of the building/unit at 508 West McDermott Drive in Allen is 7,525 square feet

How much land does the Allen, TX property at 508 West McDermott Drive include?

508 West McDermott Drive in Allen includes 0.680 acres of land

What kind of Office is the propery at 508 West McDermott Drive?

The property at 508 West McDermott Drive Allen, TX 75013 is listed as a Medical Office property

What is the population within 1 mile of 508 West McDermott Drive in Allen?

The population within 1 mile of 508 West McDermott Drive Allen, TX 75013 is 7,623 people.

Who do I contact for questions about 508 West McDermott Drive?

You should contact the listing agent, Alan Rust, for any details regarding this commercial listing.

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