Palisades II — Lease in Richardson, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Richardson, TX 75080

Property Highlights

Palisades Central is a mixed-use development planned on the west side of North Central Expressway near the Galatyn Park DART Station. The proposed retail locations are centrally located within the development, including two freestanding buildings along the main entrance to Palisades Central and a first-floor retail strip below a multifamily building in the adjacent corner.

Source: broker marketing brochure

Market Context

This retail in Richardson, TX is listed for lease. Compare it against other retail listings for lease in Richardson, TX — view the full market.

As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per multiple brokerage reports.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$1.28/SF/mo – $1.83/SF/mo

Mid: $1.56/SF/mo

Contact

Explore this market

Similar Retail Business for Lease in Richardson, TX