203 S Jupiter Rd - Office FOR SALE


Allen, TX 75002
$3,550,000 USD
214-425-8125
203 S Jupiter Rd, Allen, TX for Sale
$3,550,000 USD
Office - FOR SALE
1/14
null | 7.77% Cap Rate

203 S Jupiter Rd
Allen, TX 75002


HIGHLIGHTS

  • 3% annual rent bumps.
  • NNN lease structure through 05/2030 and one - 3 year renewal option.
  • Landlord responsible for roof and building structure.
  • Built 1992. Code and energy upgrades in 2023, including full replacement of all HVAC rooftop units.
  • One at-grade overhead door with provisions for a second.
  • Zoned SC (Shopping Center) allowing ultimate flexibility for retail, office and light industrial occupancies.

OVERVIEW

Stand alone STNL investment property in downtown Allen, Texas with quick access to State Highways 75 and 121 in fast growing Collin County Recently renovated interiors comprised of 60/40% office / light assembly and distribution   NNN lease with four years remaining on current term to 05/2030 and 1 - three year renewal option.   The Tenant, Shepherd Controls & Associates, is an established national Tenant at this location for over 30 years and a subsidiary of Flow Control Group www.flowcontrolgroup.com

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

7.77%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, R&D, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

SC, Allen

APN/PARCEL ID

R-1518-000-02B1-1

ASK ABOUT THIS PROPERTY

Gary MetzlerMetzler Enterprises LLCMore Info
214-425-8125

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Gary MetzlerMetzler Enterprises LLCMore Info
214-425-8125

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.