Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area

Property description

JLL is pleased to exclusively offer the opportunity to acquire the SRS Distribution HQ (“The Property”), a 100,000 square-foot, 100% leased, Build-To-Suit office building exceptionally located on the NWC of Alma Road and SH-121 at the entrance to Craig Ranch in McKinney, Texas. With over $1 Billion of new residential and commercial developments recently announced on land surrounding The Property, Craig Ranch, a 2,200 acre Master Planned Community, is a vibrant living and working community, and is becoming another “downtown” to the DFW metroplex. The Property is located in an area with superb highway infrastructure, as it sits along SH-121 between Dallas North Toll Road and US 75, seeing a combined 250,000+ vehicles per day, according to TxDOT. The Property is 100% leased as the corporate headquarters to SRS Distribution Inc., the nation’s leading distributor of professional roofing supplies. The original 15 year lease expires June 30, 2035, with highly attractive annual, contractual rent increases of 2%. The Property is structured as a net lease (no landlord operating expenses) and provides investors with durable, long-term cash flow in one of the highest growth markets in the country.

Investment highlights

  • Long-Term Net Lease with Annual Rent Escalations
  • Premier McKinney Location with Tremendous Accessibility
  • DFW's Newest "Downtown"


Last Updated Date: 13 Jul 2021
Jack Crews
Jack Crews
Senior Managing Director, Capital Markets
Broker Licenses
TX - 406150
Coler Yoakam
Coler Yoakam
Senior Managing Director, Net Lease Platform Leader
Broker Licenses
TX-0592885

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Last Updated Date: 13 Jul 2021

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