Allen Corporate Center

For Sale

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

This Allen property for sale is located at 740-800 N. Watters Road. The general use of Allen Corporate Center is office and it incorporates 82,834 square feet of class B office space. The current listed sale price for Allen Corporate Center is $21,700,000. Allen Corporate Center is situated on a lot that is 8.81 acre in size.

Contacts

Michelle Hudson

Hudson Peters Commercial

Property Details

  • 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
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.
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Highlights

  • 7.75% cap rate - $1,680,959 Net Operating Income
  • 97% Occupancy
  • Four Building Office Park on 8.81 Acres in Allen, TX

Attachments

Getting around

  • 45/100

    Walk Score ®

  • 45/100

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Location

  • City Allen, TX
  • Neighborhood Downtown Allen
  • Zip Code 75013
  • Market Dallas Fort Worth

Points of Interest

  • CityLine/Bush

    7.44 miles

  • Galatyn Park

    8.69 miles

  • Texaco

    0.40 miles

  • Tom Thumb 3579 Fuel Station

    0.41 miles

  • Exxon

    0.45 miles

  • Shell

    0.50 miles

  • 7-Eleven

    0.56 miles

  • RaceTrac

    0.76 miles

  • ChargePoint

    1.13 miles

  • Chevron

    1.15 miles

  • Kroger

    1.25 miles

  • Tesla Supercharger

    1.54 miles

  • Parking Garage

    0.78 miles

  • South Garage

    1.98 miles

  • Lot E - Home

    3.43 miles

  • Lot P - Home

    3.47 miles

  • Lot S - CEC/Staff Parking

    3.49 miles

  • Lot H - Home

    3.63 miles

  • Lot C - Visitor

    3.67 miles

  • Lot R - Band, Drill Team and Cheer Parking

    3.69 miles

  • Lot D - Visitor

    3.72 miles

  • Parking Lot 7

    4.08 miles

  • Homewood Suites

    0.20 miles

  • Hyatt Place

    0.20 miles

  • Holiday Inn Express

    0.21 miles

  • Quality Inn

    0.67 miles

  • La Quinta Inn

    0.96 miles

  • Hilton Garden Inn

    1.05 miles

  • Tru by Hilton

    1.08 miles

  • Marriott Dallas Allen Hotel & Convention Center

    1.09 miles

  • Hampton Inn & Suites-Dallas Allen

    1.86 miles

  • Courtyard

    2.05 miles

  • Tom Thumb

    0.37 miles

  • Target

    0.62 miles

  • Walmart Supercenter

    0.92 miles

  • Sprouts Farmers Market

    1.08 miles

  • Kroger

    1.23 miles

  • Market Street

    1.30 miles

  • H-E-B

    1.72 miles

  • TJ Maxx

    1.76 miles

  • Ross

    1.80 miles

  • Whole Foods Market

    2.10 miles

Contact Listing Broker
Michelle Hudson

Hudson Peters Commercial

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