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For Sale

 NNN Leased Office & Industrial Complex

109 E. Foreline,
Gainesville, TX 76240
Represented by
Formation Real Estate LLC

Asset Snapshot

Student Housing
Industrial Subtype
1
Floor Count
5.81 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

114 E. FORELINE, 109 E. FORELINE & 900 COMPRESS St., GAINESVILLE, TX 76240 Formation real estate is pleased to offer for sale this multi-tenant industrial and office property 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. This versatile property is an ideal long-term investment, well suited to support manufacturing and office uses 1 hour north of the DFW metroplex.


Investment 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
  • City Utilities, 3-Phase 480v, Gas Zoned (I) Industrial District

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,825,000
Asking Price

Investment Sales Broker

John Jinks, CCIM
Formation Real Estate LLC

Market Insights