www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23902064
23902074

428 Gibbons Rd, Sherman, TX 75092

RJ
TX TX 611516
Preston Bend Real Estate
Listed by Preston Bend Real Estate
Unpriced
486 days on market
Updated 71 days ago

428 Gibbons Rd

Details
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 126,900
Year Renovated 2025
Acreage 12.450
Ceiling Height 18’-31’
Loading Docks 6
Dock High Doors 7

Industrial | 126,900 SqFt

Marketing description

Preston Bend Real Estate is pleased to offer this rare opportunity to lease space in a fully renovated industrial facility located in Sherman, Texas. Positioned in proximity to more than $35 billion in private technology investments, including major developments by Texas Instruments and GlobiTech, this property is ideal for manufacturing, warehousing, or distribution operations. For pricing information and additional details, please contact the listing broker.

Investment highlights

  • Total Building Size: +126,900 SF
  • Three Leasing Options:
  • +126,900 SF
  • +89,000 SF
  • +43,000 SF
  • Total Lot Size: +12.45 Acres
  • + 5,500 SF Office Space
  • + 1.3 Acres Fenced Storage
  • 18’ - 31’ CH
  • 1200 AMP 3-Phase
  • 7 Dock High Doors
  • 6 Grade Level Drive-in Doors
  • City Water, Atmos Gas, TXU Electricity
  • Located off Hwy 56 with Easy Access from Hwy 75, 82, and Preston Road
  • Interior and Exterior Renovations Include:
  • New Roof
  • New Metal Exterior
  • Spray Foam Insulation
  • New Overhead Doors
  • New LED Lighting
  • Interior Paint
  • Full Office Remodel
  • Front Lot Chip Seal

Listing Contacts

RJ
TX TX 611516
Preston Bend Real Estate
Listed by Preston Bend Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
M-1 IndustrialLight IndustrialLight Manufacturing And Industrial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 294 uses
View all 294 uses
Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Randy Jay
License
TX 611516
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591