Industrial & Logistics

Jupiter Business Park

1111 Jupiter Rd Plano, Texas United States 75074-7028
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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.

Attributes

Building Area
Land Area ()

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Jupiter Business Park (the “Campus” or “Property”), a five-building, 141,178-square-foot industrial park strategically located in one of the nation’s fastest growing markets, Plano, where numerous Fortune 500 companies have opened expansive regional campuses including Toyota, JPMorgan, Liberty Mutual and State Farm. The Property, located just one mile from the intersection of US-75 and President George Bush Turnpike (SH-161), sees a combined 342,000 vehicles per day. In recent years, the Property has demonstrated strong leasing momentum and achieved an average occupancy of 93% since 2010. With in-place rental rates averaging 18% below market, there is immediate opportunity to maximize investor returns by recognizing mark-to-market opportunities. Overall, the Property represents a coveted opportunity to acquire an industrial business park positioned in an urban infill market with superb accessibility and highly compelling upside.

Investment Highlights

  • HIGHLY COVETED LAST-MILE LOCATION
  • STRATEGICALLY POSITIONED WITH EXCELLENT ACCESS
  • LARGE LAND ASSEMBLAGEIN SUBMARKET WITH EXTREMELY HIGH BARRIERS TO ENTRY
  • LIGHT INDUSTRIAL PRODUCT OUTPERFORMS BULK INDUSTRIAL
  • SIGNIFICANT DISCOUNT TO REPLACEMENT COST
  • LEADING DFW ECONOMIC FUNDAMENTALS
Last Updated Date: 09 Sep 2021
Stephen Bailey
Stephen Bailey
Managing Director
License details
TX-648685
Dustin Volz
Dustin Volz
Managing Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+902129008658
Last Updated Date: 09 Sep 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.