NNN Leased Office & Industrial Complex FOR SALE


Gainesville, TX
$3,825,000 USD
512-791-7329
, Gainesville, TX for Sale
$3,825,000 USD
FOR SALE
1/18
null | 8.87% Cap Rate

NNN Leased Office & Industrial Complex
Gainesville, TX


HIGHLIGHTS

  • (2) Tenants with Long History at Property
  • Over 25 Offices
  • Warehouses w/ (1) 5-Ton Crane, (1) 15-Ton Crane
  • Industrial Park Setting
  • Fenced Outside Storage
  • Versatile Office Building with OH Doors

OVERVIEW

Formation Real Estate is pleased to offer for sale this multi-tenant industrial and office property, fully NNN leased by (2) tenants, located in the Compress Industrial Park in Gainesville, TX. The 15,120 SF freestanding office building is leased to a national oilfield supply company and includes warehouse doors in the rear, high-quality office finishes and divisible layout for future multiple suites. The (2) service and manufacturing facilities comprising 29,920 SF on 4.43 acres are occupied by a major oilfield services company and feature cranes, fenced outside storage, heavy power and drive-in doors. The property features an existing rail spur currently unused, but may provide an opportunity for future rail service with proximity to the active BNSF rail network. This versatile property is an ideal long-term investment, well suited to support manufacturing and office uses 1 hour north of the DFW metroplex. Showing by appointment only / do not disturb tenants.

ASK ABOUT THIS PROPERTY

John JinksFormation Real Estate LLCMore Info
512-791-7329

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John JinksFormation Real Estate LLCMore Info
512-791-7329

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