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Investment Highlights

  • IRREPLACEABLE LOCATION WITH HIGH COMMITMENT: Tenant has invested tens of millions into the campus and owns/ leases over 275 acres of surrounding land
  • ANNUAL RENT INCREASES: Built in rent escalations offers consistent income growth and a hedge against inflation
  • INDUSTRY LEADING TENANT IN ENERGY SERVICES: GeoDynamics specializes in perforating systems and downhole completion solutions critical to oil/gas wells
  • ABSOLUTE NNN LEASE: Truly passive ownership structure providing long term stability with zero landlord responsibilities
  • STRONG CORPORATE TENANT: GeoDynamics is a subsidiary of Oil States International (NYSE:OIS), providing strong corporate backing and stability
  • STRATEGIC LOCATION IN GROWING DFW METRO: The Dallas Fort Worth metroplex is experiencing rapid expansion and rising household incomes

Executive Summary

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.

Property Facts

Price $22,311,999 CAD
Price Per SF $304.61 CAD
Sale Type Investment NNN
Cap Rate 7.30%
Sale Condition Build to Suit
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • General Retail Freestanding
  • Industrial Warehouse
Building Class B
Lot Size 15.38 AC
Rentable Building Area 73,247 SF
No. Stories 1
Year Built/Renovated 2008/2015
Tenancy Single
Parking Ratio 0.96/1,000 SF
Clear Ceiling Height 20’
Zoning Industrial - Industrial

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

GEODynamics is the global technology and manufacturing leader in perforating, downhole completion, intervention, and wireline conveyed solutions.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum Jan 0000
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 40042713

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 10400 Interstate 20, Millsap, TX 76066

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