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