304 Progress Drive, Building A
Owner/User Industrial Flex Building in the Emerging Tech Hub of North Texas
Marketing description
13,000 SF industrial owner/user building located in Progress Business Park in Sherman, TX — the emerging Tech Hub of North Texas. The property features 3,000 SF of move-in ready office, clear span construction, dock high loading, 16' clear heights, and ample power distribution on ±2.5 acres.
The Property has substantial existing electrical infrastructure already in place, including an 800A 480Y/277V 3-phase main distribution panel with multiple downstream 400A and 225A subpanels serving both 480V and 208Y/120V systems. Existing setup appears capable of supporting industrial, warehouse, manufacturing, commercial kitchen, HVAC-intensive, or other high-power users with significant capacity already built out. Infrastructure includes extensive conduit distribution and commercial-grade Square D I-Line equipment, which could provide meaningful value-add for prospective tenants/users and reduce future upgrade costs.
Strategically located along US-75 (45,000 VPD), 2 miles from Texas Instruments' $30B semiconductor campus and less than 1 mile from GlobalWafers' $5B development. Surrounded by national tenants including Tyson Foods, Oncor, XPO, FedEx, and Caterpillar/Progress Rail. Sherman offers lower operating costs and pro-business incentives with direct DFW Metroplex access.
Investment highlights
- Heavy Power – 800A 480Y/277V 3-phase main distribution panel with multiple downstream 400A and 225A sub panels serving both 480V and 208Y/120V systems. Infrastructure includes extensive conduit distribution and commercial-grade Square D I-Line equipment.
- Strategic North Texas Location – Located in Sherman, one of the fastest-growing industrial and semiconductor manufacturing hubs in the region.
- Proximity to Major Semiconductor Investments – Within 2 miles of the $30B+ Texas Instruments fabrication campus and less than 1 mile from GlobalWafers’ $5B development.
- Flexible Industrial Facility – 13,000 SF building with 3,000 SF office, clear span warehouse, and 16’ clear height, suitable for a variety of industrial uses.
- Owner/User or Lease Opportunity – Available for sale or lease, providing optionality for investors or operating businesses.
- Strong Transportation Connectivity – Immediate access to US-75 (45,000+ VPD) connecting Sherman to the Dallas-Fort Worth Metroplex and regional logistics networks.
- Established Industrial Environment – Surrounded by national and regional users including Tyson Foods, Caterpillar, Oncor Electric, and YRC Freight.
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