1415 W Washington St, Denison, Texas

Overview

  • 1415 W Johnson St, Denison, Texas
  • Property Type: Industrial
  • Total: 208,993
  • Quoted Rate: Contact Broker
  • Lot Size: 25.89 AC

Incredible Investment Opportunity to acquire this low-price-per-SF, value add project in one of the fastest growing markets in the US.   This Industrial Complex is 208,000 SF and situated on 25.89-acre site which offers plenty of room for additional expansion opportunities.  The project is anchored by two long term tenants, Assa Abloy (24+ years) and Visionary Industrial Insulation (12+ years).  Each tenant occupies approximately 78K SF and have made sizable investments into their suites over the years.  In addition to expansion opportunities, the below average rent rates offer plenty of future upside for the next investor.

The Sherman/Denison MSA is experiencing unprecedented growth, led by a combined $35B in planned expansions by major chip manufacturers, Texas Instruments and GlobiTech.  The industrial growth has spurred continued residential growth including the major announcement of Preston Harbor Community.  This $6B, 3,100-acre property will be a mixed-use lake community, anchored by a Margaritaville Resort, and projected to add 16,000 residents to Denison, whose current population is 25,000. For perspective, Sherman/Denison MSA is 120,000.   The sheer volume of businesses and residential flowing from DFW to the area is overwhelming and makes the market outlook extremely positive.  Contact Brokers for OM.

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Any questions?

Give us a call, or send us a quick email. We will be happy to meet with you to determine your commercial real estate needs. We are looking forward to hearing from you!