5301 Headquarters Dr, Plano, TX 75024 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 2020Total Assessed Value $95,000,000County Collin

Property Details

The Office property 5301 Headquarters Dr, Plano, TX 75024 is located in Collin County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $95,000,000.

The gross building area is 252,305 square feet and the land area is 401,436 square feet for this Office Building Low Rise 1 - 4 stories built in 2020.

Legal description: Nwc Headquarters And Belleview Addition (Cpl), Blk A, Lot 1

$95,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 5301 Headquarters Dr, Plano, TX 75024, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area252,305

Land Size401,436

Land Value$11,240,205

Improved Value$83,759,795

Total Assessed Value$95,000,000

Year Built2020

County NameCollin

Account Number2801661

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Sales History

6/14/2022

Arms-length$112,867,125

Buyer

Drawbridge Hq53 Llc

Seller

Hq53 Office Partners Lp

Book Number

2022000093852

Recording Date

6/14/2022

Transaction Details

Drawbridge Hq53 Llc acquired the property from Hq53 Office Partners Lp through a Arms-length transaction on 6/14/2022 for $112,867,125.

4/30/2021

Arms-lengthNot Disclosed

Buyer

Drawbridge 5301 Southwest Parkway Llc

Seller

Hq53 Office Partners Lp

Book Number

Recording Date

4/30/2021

Transaction Details

Drawbridge 5301 Southwest Parkway Llc acquired the property from Hq53 Office Partners Lp through a Arms-length transaction on 4/30/2021 for .

10/8/2019

Arms-length$73,723,800

Buyer

Hq53 Office Partners Lp

Seller

Gabriel Legacy Llc

Book Number

2019.1274600

Recording Date

10/8/2019

Transaction Details

Hq53 Office Partners Lp acquired the property from Gabriel Legacy Llc through a Arms-length transaction on 10/8/2019 for $73,723,800.

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

6/14/2022

Sale$1,687,500

Borrower

Drawbridge 5301 Southwest Parkway Llc

Lender

Forethought Life Insurance Company

Book Number

2022000093853

Recording Date

6/14/2022

Transaction Details

Drawbridge 5301 Southwest Parkway Llc borrowed the property from Forethought Life Insurance Company through a transaction on 6/14/2022 for $1,687,500.

7/30/2020

Reo and trustee deeds$3,114,170

Borrower

Hq53 Office Partners Lp

Lender

1st Alliance Mortgage Llc

Book Number

2020.1223950

Recording Date

7/30/2020

Transaction Details

Hq53 Office Partners Lp borrowed the property from 1st Alliance Mortgage Llc through a Reo and trustee deeds transaction on 7/30/2020 for $3,114,170.

10/8/2019

Helocs both purchase money and non purchase money helocs$58,979,000

Borrower

Hq53 Office Partners Lp

Lender

First United Bank & Trust Co

Book Number

2019.1275130

Recording Date

10/8/2019

Transaction Details

Hq53 Office Partners Lp borrowed the property from First United Bank & Trust Co through a Helocs both purchase money and non purchase money helocs transaction on 10/8/2019 for $58,979,000.

Property constructed in 2020

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$11,240,205	$89,264,181	$100,504,386	$100,504,386	Drawbridge Hq53 Llc	3 Embarcadero Ctr St...	Nwc Headquarters And...	Corp	S11903	401,436	252,305
2025	$11,240,205	$83,759,795	$95,000,000	$95,000,000	Drawbridge Hq53 Llc	Attn Charles B Mceac...	Nwc Headquarters And...	Corp	S11903	401,436	252,305
2024	$11,240,205	$93,854,518	$105,094,723	$105,094,723	Drawbridge Hq53 Llc	Attn: Charles B Mcea...	Nwc Headquarters And...	CORP	S11903	401,436	252,305
2023	$11,240,205	$93,252,322	$104,492,527	$104,492,527	Drawbridge Hq53 Llc	Attn: Charles B Mcea...	Nwc Headquarters And...	CORP	S11903	401,436	252,305
2022	$9,634,461	$72,965,539	$82,600,000	$82,600,000	Hq53 Office Partners...	16400 Dallas Pkwy St...	Nwc Headquarters And...	-	S11903	401,436	252,305
2021	$8,831,590	$43,042,000	$51,873,590	$51,873,590	Hq53 Office Partners...	16400 Dallas Pkwy St...	Nwc Headquarters And...	-	S11903	401,436	252,305
2020	$7,225,846	-	$7,225,846	$7,225,846	Hq53 Office Partners...	16400 Dallas Pkwy St...	Nwc Headquarters And...	-	S11903	401,436	252,305
2019	-	-	-	-	Hq53 Office Partners...	16400 Dallas Pkwy St...	Nwc Headquarters And...	-	S11903	401,436	-

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Showing 1 to 8 of 8 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5301 Headquarters Dr, Plano, TX 75024	2801661	Office	Office Building Low Rise 1 - 4 stories	Drawbridge Hq53 Llc	Collin	-	$ 112,867,125	2022-06-14	$ 447.34	2020	252,305	-
5501 Headquarters Dr, Plano, TX 75024	2700556	Office	Office Building Low Rise 1 - 4 stories	5501 Headquarters Property Owner Llc	Collin	0.3	$ 40,232,500	2025-03-31	$ 237.58	2006	169,340	-
2400 Dallas Pkwy, Plano, TX 75093	2107904	Office	Office Building Low Rise 1 - 4 stories	Pc 2400 Ll Llc	Collin	4.0	$ 24,671,500	2025-06-27	$ 96.87	1999	254,691	-
3905 Dallas Pkwy, Plano, TX 75093	2563749	Office	Office Building Low Rise 1 - 4 stories	Plano Property Partners Llc	Collin	2.8	$ 12,742,000	2024-10-07	$ 79.64	1998	160,000	-
19111 Dallas Pkwy, Dallas, TX 75287	2058795	Office	Office Building Low Rise 1 - 4 stories	Cambridge Outerloop Lp	Collin	5.6	$ 14,038,281	2025-06-06	$ 89.33	1997	157,149	-
17787 Waterview Pkwy, Dallas, TX 75252	2009667	Office	Office Building Low Rise 1 - 4 stories	Board Of Regents Of The University Of Texas System	Collin	7.5	$ 8,300,000	2025-05-28	$ 54.84	1993	151,340	-
6100 W Plano Pkwy, Plano, TX 75093	2649665	Office	Office Building Low Rise 1 - 4 stories	Plano 6100 Llc	Collin	5.2	$ 27,410,946	2024-09-20	$ 149.58	2008	183,255	-
1300 E Lookout Dr, Richardson, TX 75082	420766800603E0000	Office	Office Building Low Rise 1 - 4 stories	1300 E Lookout Llc	Dallas	9.6	$ 39,314,800	2024-06-17	$ 251.21	2000	156,501	-
12400 Coit Rd, Dallas, TX 75251	007752000A0080000	Office	Office Building Low Rise 1 - 4 stories	Churchill Tower Llc	Dallas	12.1	$ 5,320,000	2024-06-27	$ 18.11	1999	293,806	-
6460 Las Colinas Blvd, Irving, TX 75039	32048590010010000	Office	Office Building Low Rise 1 - 4 stories	Citigroup Technology Inc	Dallas	15.5	$ 64,888,040	2024-12-09	$ 269.65	2005	240,639	-
3701 Regent Blvd, Irving, TX 75063	322442000A0010000	Office	Office Building Low Rise 1 - 4 stories	Cci Intellicenter Owner Llc	Dallas	15.9	$ 24,605,000	2025-02-14	$ 120.09	2006	204,880	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5301 Headquarters Dr, Plano, TX 75024	—	-	401,436	2020	252,305	$ 95,000,000	$ 11,240,205	-
Plainscapital Bank	4920 Westport Dr, The Colony, TX 75056	08/27/2025	$ 350,000	16,814	2003	3,185	$ 660,000	$ 336,280	4920 Westport Properties Llc
Commercial Bank Of Texas Na	6351 Preston Rd, Frisco, TX 75034	08/22/2025	$ 500,000	207,128	2005	63,944	$ 14,834,352	$ 3,314,045	Jc Professional Properties Ltd
American Bank Na	1401 Burnham Dr, Plano, TX 75093	08/19/2025	$ 2,104,000	52,485	1994	8,092	$ 2,074,988	$ 1,049,700	Ctm Real Estate Holdings Llc
Zions Bancorporation Na	4425 Plano Pkwy Unit104, Carrollton, TX 75010	07/31/2025	$ 193,000	313,371	2019	1,228	$ 423,600	$ 56,031	Atd Acquisitions Llc
Bokf National Association	5700 Democracy Dr, Plano, TX 75024	07/21/2025	$ 13,050,000	264,888	2002	105,195	$ 15,369,388	$ 5,297,767
Ohio State Life Insurance Comp	5360 Legacy Dr, Plano, TX 75024	07/18/2025	$ 13,500,000	1,699,624	1985	394,405	$ 45,567,000	$ 30,593,233	Tcal Property Owner Llc
Legend Bank Na	25663 Smotherman Rd Unit302, Frisco, TX 75033	06/24/2025	$ 250,000	169,318	2021	1,200	$ 379,226	$ 53,782	Hrk Solutions Llc
Midfirst Bank	5045 Lorimar Dr, Plano, TX 75093	05/04/2025	$ 861,164	62,112	1999	22,659	$ 4,349,697	$ 1,118,016	Zachariah Group Llc
Bank Of America Na	5212 Tennyson Pkwy, Plano, TX 75024	04/03/2025	$ 36,000,000	525,347	2006	121,329	$ 12,808,133	$ 12,608,320
Bank Of America Na	6500 Pinecrest Dr, Plano, TX 75024	04/03/2025	$ 36,000,000	705,581	2007	182,468	$ 20,765,478	$ 13,406,030

Mean$ 9,229,083

Median$ 1,689,000.0

Loan Amount Range$ 100,000 - $ 36,000,000

Showing 1 to 10 of 26 entries

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License Details

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