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Single-Tenant Industrial

Absolute NNN GeoDynamics Corporate Headquarters & Mission Critical Manufacturing Facility

10400 I-20, Millsap, TX 76066

Listing Price: $15,999,999

Cap Rate
7.30%
Lot Size
15.38 acres
Year Built
2015
Rentable SF
73,247

Investment Overview

This offering presents a rare opportunity to acquire a mission critical industrial asset with an irreplaceable location and exceptional tenant commitment. The tenant has invested tens of millions of dollars into the campus and controls more than 275 acres of surrounding land used for highly specialized operations, including oil well and ballistics testing, making relocation highly unlikely. The property is secured by an absolute NNN lease, providing a passive ownership structure with no landlord responsibilities, while built in annual rent escalations ensure consistent income growth and protection against inflation.

The asset is leased to GeoDynamics, a subsidiary of Oil States International (NYSE: OIS), offering strong corporate backing and financial stability. As a leader in energy services, the tenant operates a mission critical facility essential to oil and gas production. Strategically located in Millsap within the expanding Dallas Fort Worth metroplex near the growing Weatherford area, the property benefits from strong regional economic fundamentals. Texas’s business friendly environment, including no state income tax, further enhances the investment’s long term appeal.

Investment Highlights

  • IRREPLACEABLE LOCATION WITH HIGH TENANT COMMITMENT: Tenant has invested tens of millions into the campus and owns/ leases over 275 acres of surrounding land used for oil well and ballistics testing
  • ABSOLUTE NNN LEASE: Truly passive ownership structure providing long term stability with zero landlord responsibilities
  • ANNUAL RENT INCREASES: Built in rent escalations offers consistent income growth and a hedge against inflation
  • STRONG CORPORATE TENANT: GeoDynamics is a subsidiary of Oil States International (NYSE:OIS), providing strong corporate backing and financial stability
  • INDUSTRY LEADING TENANT IN ENERGY SERVICES: GeoDynamics specializes in perforating systems and downhole completion solutions critical to oil and gas well production, making this a mission critical facility
  • STRATEGIC LOCATION IN GROWING DFW METRO: Located in Millsap within the expanding Dallas Fort Worth metroplex, the subject site benefits from proximity to Weatherford TX, a growing area experiencing expansion and rising household incomes
  • TAX-FREE STATE: Texas has no state income tax and a business-friendly environment, enhancing investor returns

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Single-Tenant Industrial

Absolute NNN GeoDynamics Corporate Headquarters & Mission Critical Manufacturing Facility

Listing Price: $15,999,999

Cap Rate
7.30%
Lot Size
15.38 acres
Year Built
2015
Rentable SF
73,247

Investment Highlights

  • IRREPLACEABLE LOCATION WITH HIGH TENANT COMMITMENT: Tenant has invested tens of millions into the campus and owns/ leases over 275 acres of surrounding land used for oil well and ballistics testing
  • ABSOLUTE NNN LEASE: Truly passive ownership structure providing long term stability with zero landlord responsibilities
  • ANNUAL RENT INCREASES: Built in rent escalations offers consistent income growth and a hedge against inflation
  • STRONG CORPORATE TENANT: GeoDynamics is a subsidiary of Oil States International (NYSE:OIS), providing strong corporate backing and financial stability
  • INDUSTRY LEADING TENANT IN ENERGY SERVICES: GeoDynamics specializes in perforating systems and downhole completion solutions critical to oil and gas well production, making this a mission critical facility
  • STRATEGIC LOCATION IN GROWING DFW METRO: Located in Millsap within the expanding Dallas Fort Worth metroplex, the subject site benefits from proximity to Weatherford TX, a growing area experiencing expansion and rising household incomes
  • TAX-FREE STATE: Texas has no state income tax and a business-friendly environment, enhancing investor returns

Investment Overview

This offering presents a rare opportunity to acquire a mission critical industrial asset with an irreplaceable location and exceptional tenant commitment. The tenant has invested tens of millions of dollars into the campus and controls more than 275 acres of surrounding land used for highly specialized operations, including oil well and ballistics testing, making relocation highly unlikely. The property is secured by an absolute NNN lease, providing a passive ownership structure with no landlord responsibilities, while built in annual rent escalations ensure consistent income growth and protection against inflation. The asset is leased to GeoDynamics, a subsidiary of Oil States International (NYSE: OIS), offering strong corporate backing and financial stability. As a leader in energy services, the tenant operates a mission critical facility essential to oil and gas production. Strategically located in Millsap within the expanding Dallas Fort Worth metroplex near the growing Weatherford area, the property benefits from strong regional economic fundamentals. Texas’s business friendly environment, including no state income tax, further enhances the investment’s long term appeal.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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