10400 I-20 Millsap, TX
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NNN leased GEODynamics investment property with over 5 years remaining.
Type:INDUSTRIAL
Property size:
73,247 SFLot size:
9.55 AcresPrice / SF:
$225/SF- Added:
- May 2, 2025
- Days on Market:
- 369
- Last Refresh:
- Apr 5 at 9:47 pm
Property Features for 10400 I-20
General Information
- Standard status
- Active
- Size
- 73,247 SF
- Lot size
- 9.55 Acres
- Property subtype
- INDUSTRIAL
Listing agent Joseph Cooper (303) 390-5230
Listing office SRS Real Estate Partners - Corporate (303) 390-5230
Listing date May 2, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Corporate
Overview
Millsap, Texas Industrial Investment Property
This is an opportunity to acquire the fee simple interest in an absolute NNN leased GEODynamics investment property in Millsap, Texas. GEODynamics is a subsidiary of Oil States International, Inc, which has a market cap of over $300 million. The tenant, GEODynamics, has over 5 years of term remaining with 4 (5-year) or 2 (10-year) options to extend, demonstrating their commitment to the site. The office lease features 1.5% annual rental increases and the warehouse lease has 1% annual increases throughout the initial term, and both leases have FMV rental increases at the beginning of each option period. The property is 73247 square feet. The lease is absolute NNN with zero landlord responsibilities.
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
- Honeycrisp Self Storage - Millsap — 177 Fairview Rd, Millsap, TX 76066
Map
- City
- Millsap
- County
- Parker
- State
- Texas
- Longitude
- -98.0092
- Latitude
- 32.7482
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FAQs
What type of property is this?
Warehouse - NNN leased GEODynamics investment property with over 5 years remaining.
Where is this warehouse located?
The property is located at 10400 I-20 Millsap, TX.
What is the asking price?
The asking price for this property is $16,492,000.
What are key features of this property?
This property features: Absolute NNN lease provides a management‑free, passive investment.; Stable tenant: GEODynamics, a subsidiary of Oil States International, Inc (NYSE: OIS) with a market cap over $300 million.; Over 5 years of initial lease term remaining with multiple options to extend (4 x 5‑year or 2 x 10‑year).
