Chaddick Center — Sale in Plano, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Plano, TX 75074

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Chaddick Center — Sale in Plano, TX, photo 1 of 2
Chaddick Center — Sale in Plano, TX, photo 2 of 2

Description

Marcus & Millichap is exclusively engaged to market 1201 E. 15th Street, a strategically located office asset positioned in the heart of Downtown Plano, one of the most dynamic and rapidly evolving business districts in North Texas. The City of Plano has remained highly active in the immediate area, supporting ongoing redevelopment efforts through new mixed-use projects, commercial investment, infrastructure improvements, and development approvals that continue to enhance the district's live-work-play environment and long- term economic vitality. Located adjacent to City Hall and surrounded by this continued wave of public and private investment, the property benefits from exceptional visibility, accessibility, and strong market fundamentals. The availability of immediate occupancy, combined with multiple avenues for value creation, provides flexibility for a wide range of acquisition strategies. Whether pursued as a value-add investment with leasing upside or as an owner-user opportunity to establish a presence in a premier urban submarket, 1201 E. 15th Street offers a compelling combination of location, functionality, and future growth potential. Investment Highlights: • Prime Downtown Plano Location - Directly across from Plano City Hall, minutes from Historic Downtown and the Arts District • Value-Add Opportunity - Vacant building allows for immediate lease-up or redevelopment strategy for office, professional services, medical, nonprofit, or creative office users • Walkable Amenity Base – Tenants and employees benefit from proximity to Downtown Plano's dining, shopping, government services, and community amenities.

Market Context

This office in Plano, TX is listed for sale. Compare it against other office listings for sale in Plano, TX — view the full market.

As of Q2 2026, the Dallas / Fort Worth office market showed a 25.1% vacancy rate, and average asking rents near $33.86/SF/yr. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Dallas / Fort Worth office market tightening or softening?
Vacancy is around 25.1% (Q2 2026).

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