130 Stroud Dr | Sherman, TX 75092
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130 Stroud Dr
Sherman, TX 75092
EMPOWER RENTAL GROUP · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Empower Rental Group, one of the fastest-growing equipment rental companies in the U.S.
- With a low Foundation Area Ratio (FAR) of 9.48%, the site offers ample yard space for industrial outdoor storage (IOS).
- The area is also experiencing significant investment, such as the $30 billion semiconductor facility under construction by Texas Instruments.
- he subject property, built in 2019, features a ±14,456 square foot building on ±3.5 acres of land.
- Strategically located along Highway 82 between the expanding Texas markets of Sherman and Whitesboro.
- The property is secured by a five-year NNN lease with Empower Rental Group, effective April 2022 through April 2027.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Building Class | C | Year Built | 2019 |
| Lot Size | 3.50 AC | Tenancy | Single |
| Rentable Building Area | 14,456 SF | Parking Ratio | 4.83/1,000 SF |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 3.50 AC |
| Rentable Building Area | 14,456 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Tenancy | Single |
| Parking Ratio | 4.83/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $860,977 | |
| Land Assessment | $1,281,349 | Total Assessment | $2,142,326 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,281,349
Improvements Assessment
$860,977
Total Assessment
$2,142,326
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