214-692-2920
130 Stroud Dr, Sherman, TX for Sale
Industrial - FOR SALE
1/3
null | 7.25% Cap Rate

130 Stroud Dr
Sherman, TX 75092


HIGHLIGHTS

  • Empower Rental Group, one of the fastest-growing equipment rental companies in the U.S.
  • he subject property, built in 2019, features a ±14,456 square foot building on ±3.5 acres of land.
  • With a low Foundation Area Ratio (FAR) of 9.48%, the site offers ample yard space for industrial outdoor storage (IOS).
  • Strategically located along Highway 82 between the expanding Texas markets of Sherman and Whitesboro.
  • The area is also experiencing significant investment, such as the $30 billion semiconductor facility under construction by Texas Instruments.
  • The property is secured by a five-year NNN lease with Empower Rental Group, effective April 2022 through April 2027.

OVERVIEW

Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EMPOWER RENTAL GROUP

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

3.5

LAND SF

152,460

ZONING

-

APN/PARCEL ID

120678,120682,120684

ASK ABOUT THIS PROPERTY

Ashton MillerMatthews Real Estate Investment ServicesMore Info
214-692-2920

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Ashton MillerMatthews Real Estate Investment ServicesMore Info
214-692-2920

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