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New Construction Flex Space
For Lease
$17 SF/Yr

304 Progress Drive B, Sherman, TX 75092

Modern industrial space supports warehouse, service, and light industrial operations with convenient regional access.

Space Size9,893 SF - 19,785 SF
Days on Market27

Property Features for 304 Progress Drive B

General Information

Standard status Active
Size 9,893 SF - 19,785 SF
Net Rentable 9,893 SF

Space & Availability

Available Space 9,893-19,785 SF
Contiguous Space 19,785 SF
Divisible Yes
Space Use Industrial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Listing Agency: Bluestone Partners, LLC
Listed By: Barry Boothe · License #0604645
Source: Yourdavisteam
Added: Aug 3 Changed: Aug 28 Last Checked: Aug 29 at 11:47AM

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 Bluestone Partners, LLC

Investment Insights

Based on property information with market context.

Completed in 2025, this new flex-space property offers approximately 19,785 square feet for lease, with the option to divide the building into spaces ranging from approximately 9,893 to 19,785 square feet. Each unit includes four 14-foot grade-level overhead doors, supporting warehouse, light industrial, contractor, supplier, distributor, and service-related operations.

The property is located just off Highway 75 and FM 1417 in South Sherman, between Texas Instruments to the north and GlobalWafers to the south. Its position within a developing industrial corridor provides access to major regional routes and nearby employment centers.

Key Highlights

  • 2025 construction with approximately 19,785 SF available for lease
  • Divisible into spaces from approximately 9,893 SF to 19,785 SF
  • Four 14‑foot grade‑level overhead doors in each unit

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value

Market

Lease Benchmarks for Sherman, TX

$10.35 /SF/Yr
Avg Asking Price
$2–$17 /SF/Yr
Price Range
7,701 SF
Avg Space Size

This space is priced 64% above the average of $10.35 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Modern industrial space supports warehouse, service, and light industrial operations with convenient regional access.
Where is this flex space located?
The property is located at 304 Progress Drive B Sherman, TX.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 2025 construction with approximately 19,785 SF available for lease; Divisible into spaces from approximately 9,893 SF to 19,785 SF; Four 14‑foot grade‑level overhead doors in each unit
More about this property
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