10400 Interstate 20 - Manufacturing FOR SALE


Millsap, TX 76066
$15,999,999 USD
818-907-9525
10400 Interstate 20, Millsap, TX for Sale
$15,999,999 USD
Manufacturing - FOR SALE
1/4
null | 7.3% Cap Rate

10400 Interstate 20
Millsap, TX 76066


HIGHLIGHTS

  • IRREPLACEABLE LOCATION WITH HIGH COMMITMENT: Tenant has invested tens of millions into the campus and owns/ leases over 275 acres of surrounding land
  • ABSOLUTE NNN LEASE: Truly passive ownership structure providing long term stability with zero landlord responsibilities
  • ANNUAL RENT INCREASES: Built in rent escalations offers consistent income growth and a hedge against inflation
  • STRONG CORPORATE TENANT: GeoDynamics is a subsidiary of Oil States International (NYSE:OIS), providing strong corporate backing and stability
  • INDUSTRY LEADING TENANT IN ENERGY SERVICES: GeoDynamics specializes in perforating systems and downhole completion solutions critical to oil/gas wells
  • STRATEGIC LOCATION IN GROWING DFW METRO: The Dallas Fort Worth metroplex is experiencing rapid expansion and rising household incomes

OVERVIEW

This offering presents a rare opportunity to acquire a mission critical industrial asset with an irreplaceable location and exceptional tenant commitment. The tenant has invested tens of millions of dollars into the campus and controls more than 275 acres of surrounding land used for highly specialized operations, including oil well and ballistics testing, making relocation highly unlikely. The property is secured by an absolute NNN lease, providing a passive ownership structure with no landlord responsibilities, while built in annual rent escalations ensure consistent income growth and protection against inflation. The asset is leased to GeoDynamics, a subsidiary of Oil States International (NYSE: OIS), offering strong corporate backing and financial stability. As a leader in energy services, the tenant operates a mission critical facility essential to oil and gas production. Strategically located in Millsap within the expanding Dallas Fort Worth metroplex near the growing Weatherford area, the property benefits from strong regional economic fundamentals. Texas’s business friendly environment, including no state income tax, further enhances the investment’s long term appeal.

FOR SALE DETAILS

PRICE

$15,999,999 USD

PRICE/SF

$279 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN GEO Dynamics | DFW Metro

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Freestanding, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

15.38

LAND SF

669,953

ZONING

Industrial

APN/PARCEL ID

R000057304

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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