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203 S Jupiter Rd 12,598 SF Flex Building Allen, TX 75002 $3,550,000 ($281.79/SF) 7.38% Cap Rate
INVESTMENT HIGHLIGHTS
- Established National Tenant in place for 30 years; Shepherd Controls Group, subsidiary of Flow Controls Group https://flowcontrolgroup.com
- NNN Lease Structure, 3% annual escalations
- 50% Office/ 50% assembly/distribution and 100% HVAC
- All new HVAC Units and Remodel / upgrades in 2023
EXECUTIVE SUMMARY
Triple Net, 100% leased flex office/ warehouse near McDermott / Main St and Highway 5 In Allen Tx with easy access to North Central Expressway
50/50 office and assembly/distribution
3% base rent annual escalation, 4.5 years lease term remaining
Interior renovations in 2023 included new HVAC units, glazing sealants and electrical upgrades
One-story, single-tenant, concrete tilt wall w/ brick veneer, 100% HVAC, 1 grade level overhead door with provisions for a second
50/50 office and assembly/distribution
3% base rent annual escalation, 4.5 years lease term remaining
Interior renovations in 2023 included new HVAC units, glazing sealants and electrical upgrades
One-story, single-tenant, concrete tilt wall w/ brick veneer, 100% HVAC, 1 grade level overhead door with provisions for a second
DATA ROOM Click Here to Access
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
AMENITIES
- Security System
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Shepherd Controls / Flow Controls Group
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Shepherd Controls / Flow Controls Group | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | R-1518-000-02B1-1 | Improvements Assessment | $1,040,645 |
| Land Assessment | $640,073 | Total Assessment | $1,680,718 |
PROPERTY TAXES
Parcel Number
R-1518-000-02B1-1
Land Assessment
$640,073
Improvements Assessment
$1,040,645
Total Assessment
$1,680,718
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203 S Jupiter Rd
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