600/610/616 South Sherman St.
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600/610/616 South Sherman St.
3 Flex Properties Offered at $13,495,856 CAD in Richardson, TX
Investment Highlights
- RISD is selling 600 / 610 / 616 S Sherman St. this 3-building portfolio. The portfolio is just under 75,000 RSF sitting on approx. 3.86 acres. 600 Sh
Executive Summary
RISD is selling 600 / 610 / 616 S Sherman St., this is a 3-building portfolio. The portfolio is just under 75,000 RSF sitting on approx. 3.86 acres.
600 Sherman: 20,088 RSF / 1.294 Acres (7 Suites Total - 5 of which have been updated in market "spec suite" condition)
610 Sherman: 25,883 RSF / 1.38 Acres (6 Suites Total - 4 of which have been updated in market "spec suite" condition)
616 Sherman: 29,000 RSF / 1.18 Acres (approx. 20,000 RSF building footprint w/ 9,000 of Mezz. space)
The preferred method of disposition is to sell all 3 buildings to one buyer but would entertain the idea of selling each building in a stand-alone fashion. (All 3 buildings are separately platted, surveys attached in marketing materials).
We are entertaining all offers until December 1, 2024. After 12/1/24, we will shortlist the buyer list over the first week of December and plan to choose a buyer by 12/10/24.
The intent will be for the property to be delivered 100% vacant upon closing of PSA.
600 Sherman: 20,088 RSF / 1.294 Acres (7 Suites Total - 5 of which have been updated in market "spec suite" condition)
610 Sherman: 25,883 RSF / 1.38 Acres (6 Suites Total - 4 of which have been updated in market "spec suite" condition)
616 Sherman: 29,000 RSF / 1.18 Acres (approx. 20,000 RSF building footprint w/ 9,000 of Mezz. space)
The preferred method of disposition is to sell all 3 buildings to one buyer but would entertain the idea of selling each building in a stand-alone fashion. (All 3 buildings are separately platted, surveys attached in marketing materials).
We are entertaining all offers until December 1, 2024. After 12/1/24, we will shortlist the buyer list over the first week of December and plan to choose a buyer by 12/10/24.
The intent will be for the property to be delivered 100% vacant upon closing of PSA.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 600 S Sherman St, Richardson, TX 75081 | Flex | 19,981 SF | 1980 | - |
| 610 S Sherman St, Richardson, TX 75081 | Flex | 20,445 SF | 1980 | - |
| 616 S Sherman St, Richardson, TX 75081 | Flex | 29,000 SF | 1984 | - |
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Mac Morse -
Scott Morse -
Citadel Partners LLC
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600/610/616 South Sherman St.
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