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1400 S Gribble St 24,291 SF Flex Building Sherman, TX 75090 $7,161,070 CAD ($294.80 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 120x60sq ft main room (Great Hall) with 23ft ceilings
  • Luxury finishes: marble countertops, La Cornue range, crystal chandeliers, outdoor kitchen
  • 1/8 mile from Sherman Municipal airport, 1 mile from I.T. Corridor
  • Indoor shooting range & two built-in vaults
  • Accessory building/shop with HVAC
  • Corporate retreat, office, warehouse, event venue

EXECUTIVE SUMMARY

The Armory at 1400 Gribble: Premier Commercial Estate in Sherman's Tech Hub
1400 S Gribble Street, Sherman, TX 75090 I $5,400,000 / 24,291 SF I 9.36 Acres
Welcome to "The Armory," a 24,291 SF masterpiece on 9.36 acres, steeped in history as a 1920s Texas National Guard Armory, once home to the 111th Engineers and Thirty-Sixth Division. Now transformed with cutting-edge luxury, it's tailored for corporate investors seeking tech headquarters, event venue operators envisioning upscale weddings or retreats, specialty businesses needing secure facilities, real estate developers eyeing mixed-use opportunities, and affluent individuals desiring a unique estate. Located one mile from Sherman's booming I.T. corridor, driven by over $40 billion in tech investments­ including Texas Instruments' $40 billion semiconductor campus (first plant completed in 2025) and GlobalWafers' $5 billion silicon wafer facility (production started in 2025)-The Armory is a strategic asset. Sherman's $500 million infrastructure blitz, including water and wastewater upgrades for tech giants and Highway 75 improvements, supports a population boom (potentially doubling to 90,000 in 5-10 years) and new developments like Tyson Foods' expansion and downtown revitalization. SEDCO incentives (tax rebates, grants) ensure strong ROI.
Signature Features:

• Great Hall: 120x60-ft with 20-ft ceilings, two 10-ton AC units, a 25-ft HVLS Big Ass fan, seamless polyaspartic flooring, 12 Sonos HiFi speakers, and Perennial fabric roller shades
-ideal for corporate events or operational hubs.
• Indoor Gun Range: Four 15-yard lanes with custom bays, touchpad controls, PEPP soundproofing, 5K CFPM HEPA scrubbing, and an on-suite bathroom with Kohler fixtures-perfect for security firms or firearms enthusiasts.
• Luxury Kitchen: La Cornue Grand Palais 180 range, nickel quartzite waterfall countertops, custom Kohler sinks, 90-second commercial dishwasher, and basalt mosaic flooring-ready for high-end catering or executive dining.
• Game Room: Beverly Blue quartzite wet bar, 1890s Welsh slate snooker table, antique stained-glass lighting, and custom American cherrywood cabinetry-a draw for event planners or private buyers.
• Main Bedroom Suite: Original munitions safe, marble-floored bathroom with Kohler "Real Rain" shower, two Napoleon fireplaces, and Cambria quartz countertops-luxury for personal or executive use.
• Patio: Napoleon outdoor kitchen with 6-ft remote-controlled fireplace, Sandalus quartzite surround, and Oklahoma flagstone paving-perfect for upscale events or corporate retreats.
• Annex Building: 5,300 SF with 25-ft ceilings, two 3-ton AC units, Sonos speakers, 12- camera surveillance, and two car lifts-versatile for specialty businesses or developers.
• Tech & Security: 18-camera remote surveillance, high-speed wireless internet with dedicated IP, and two built-in vaults-ideal for tech firms or secure operations.
• Additional Highlights: Marble and travertine flooring, Venetian glass chandeliers, Lavezzi quartzite conference table, and custom American cherrywood cabinetry throughout­ elevating appeal for all buyer types.
Location Advantage: Just 1/8 mile from Sherman Municipal Airport, The Armory is perfectly positioned to capitalize on Sherman's tech-driven growth, vibrant cultural scene (Arts Festival, Jazz Festival), and proximity to Lake Texoma, making it a one-of-a-kind opportunity for visionary buyers in a city poised for explosive growth.

Contact: Andy Scott, GPS Group I Dave Perry-Miller Commercial I 469-682-2387

Schedule a tour to experience this iconic property in Sherman's thriving tech hub!

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $7,161,070 CAD
Price Per SF $294.80 CAD
Sale Type Owner User
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 9.36 AC
Rentable Building Area 24,291 SF
No. Stories 1
Year Built 1944
Parking Ratio 0.58/1,000 SF
Zoning Commercial - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165301
Land Assessment
$439,823 CAD
Improvements Assessment
$798,485 CAD
Total Assessment
$1,238,308 CAD
  • Listing ID: 37029710

  • Date on Market: 2025-07-30

  • Last Updated:

  • Address: 1400 S Gribble St, Sherman, TX 75090

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