Metzler Enterprises, LLC
Listed by Metzler Enterprises, LLC
$3,550,000
203 S Jupiter Rd., Office/ distribution Flex for Sale
Details
Property Type Industrial, Office
Sub Type Flex
Square Footage 12,598
Net Rentable (SqFt) 12,598
Cap Rate 7.77%
NOI $275,887
Occupancy 100%
Tenancy Single
Brand/Tenant Shepherd Controls / Flow Controls Group
Lease Type NNN
Lease Term 7
Lease Expiration 04/30/2030
Remaining Term 3.8
Rent Bumps Yes
Price per SqFt $282
Class B
Year Built 1992
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.948
Zoning SC
Parking Spaces 54 spaces
Parking per 1,000 SqFt 4.29
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 05/01/2023
Occupancy Date 01/01/1993
Ceiling Height 18
Loading Docks 1
Dock High Doors 1
Ownership Private
Sale Condition For sale by owner
Fully leased office/ warehouse property with National Tenant
Marketing description
Triple Net, 100% leased flex office/ distribution center near McDermott / Main St and Highway 5 In Allen Tx with easy access to North Central Expressway
3% base rent annual escalation, With 4 years to run (05/2030 plus 1 - three year renewal option)
Interior renovations in 2023 included new HVAC units, glazing sealants and electrical upgrades
One-story, single-tenant, steel frame structure with brick veneer and concrete block exterior and a flat roof system, 50/50 office/distribution-assembly, 1 grade level overhead door...
- • Established National Tenant; Shepherd Controls Group, subsidiary of Flow Controls Group https://flowcontrolgroup.com
- • Flex Office Building 100% HVAC
- • Currently $21.56 psf NNN base rent with 3% annual escalations
- • All new HVAC Units and Remodel / upgrades in 2023
Investment highlights
Listing Contacts
Metzler Enterprises, LLC
Listed by Metzler Enterprises, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,887.00
$22,990.58/mo
Valuation Metrics
0
DSCR
7.77%
Cap Rate
7.77%
ROI
Map
Zoning
SC SpecialShopping Center District
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View all 174 uses
View all 174 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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