Addison Commercial Real Estate — Dallas, TX
4.55M SF Class A at ~$34.22/SF, 2K businesses, 180+ restaurants. Mary Kay global headquarters. Addison Circle mixed-use, Addison Airport. No property tax historically.
Premium Suburban Office with Entrepreneurial Character
Addison represents Dallas-Fort Worth's most successful suburban office submarket, with 4.55M SF of primarily Class A space anchored by Mary Kay's global headquarters. At approximately $34.22/SF, Addison maintains premium positioning—slightly below Uptown but significantly above Plano and Richardson—justified by superior Class A quality, service levels, and mixed-use amenities.
The town's no-property-tax policy (historically) has attracted 2,000+ businesses ranging from multinational corporations to entrepreneurial startups. The restaurant ecosystem (180+ venues) creates unmatched lifestyle appeal for executives and employees. Addison Circle, a mixed-use development, and the nearby Addison Airport create a comprehensive business environment supporting corporate headquarters, regional offices, and specialized services.
Addison's appeal extends to companies valuing suburban positioning without the downtown commute. Small to mid-cap companies (200-500 employees) frequently establish headquarters here, capturing costs savings while maintaining premium market positioning. Our team leverages Addison's business-friendly environment and lifestyle appeal to position corporate relocations and expansion.
Addison Circle & Quorum Drive Innovation District
Addison Circle functions as Addison's central mixed-use campus, combining Class A office, luxury residential, retail, and hospitality within a walkable district. Quorum Drive anchors the main office corridor with well-maintained Class A and B parks. The Dallas North Tollway provides rapid access to downtown (12 minutes), Uptown (10 minutes), and Plano (8 minutes).
Retail and dining concentrate around Addison Circle and select intersections along Dallas Parkway. Office parks maintain strong landlord relationships and direct tenant access. Our team identifies opportunities within newer Class A developments and secondary buildings offering rent advantages for growing companies seeking premium positioning at lower capital commitment.
Class A Quality with Entrepreneurial Flexibility
Addison appeals to companies seeking Class A quality, premium positioning, and business-friendly environment without Uptown trophy pricing. Mary Kay's presence validates the submarket as a viable corporate headquarters location. 180+ restaurants and mixed-use amenities support executive recruitment and retention. Our team positions Addison for growing regional and national companies expanding in Dallas.
How Core Properties Can Help
Our team provides expert commercial real estate services across Addison and the broader Dallas market:
Addison Commercial Real Estate FAQ
What does Class A office rent in Addison cost?
Addison Class A averages $32-36/SF gross. Premium buildings and newer deliveries command $35-38/SF. Class B space trades $26-32/SF. Tenant improvement allowances typically $15-25/SF depending on lease term and tenant quality.
Why is Mary Kay headquartered in Addison?
Mary Kay established their global HQ in Addison to benefit from business-friendly environment, central DFW positioning, and direct airport access. The headquarters presence attracts supplier and service companies, reinforcing the business ecosystem.
How does Addison compare to Plano for corporate HQs?
Addison maintains 10-15% rent premium but offers superior urban amenities, restaurant/dining ecosystem, and walkability. Plano offers lower costs and newer stock. Selection depends on company culture and cost-sensitivity.
What is Addison\'s property tax advantage?
Addison historically charged no property tax (funded via sales tax and business licensing). This created substantial operating cost advantage for corporate tenants. Recent governance changes may modify this advantage; we advise clients on current tax implications.
How many restaurants and dining options are in Addison?
Addison boasts 180+ restaurants, bars, and dining venues—one of DFW\'s highest densities. This ecosystem supports executive entertainment, employee retention, and corporate recruiting. Tenant culture and lifestyle positioning are major differentiators.
Let us discuss your Addison real estate goals.
Whether you are a business seeking commercial space, a landlord optimizing your portfolio, or an investor exploring Addison — our team is ready.