2920 Texoma PkwySherman, TX 75090

For Sale
$1,200,000

High-traffic storefront, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8,428 square foot retail storefront, located at 2920 Texoma Pkwy in Sherman, Texas, presents a compelling investment opportunity. Currently occupied by Aaron's Furniture under an Absolute NNN lease expiring March 2025, the property boasts 100% occupancy and offers a strong return on investment with a price per square foot of $142.38. Situated on a 1.09-acre lot, the single-story building features a striking glass showroom and ample office space, ideal for showcasing products or services. The property benefits from high visibility due to its location on a major thoroughfare with significant frontage. Its strategic location is just north of Highway 82 and one mile east of Highway 75, ensuring excellent access and exposure to a large customer base. The current tenant may be willing to extend their lease beyond the current expiration date. Across the road, prime development is underway, further enhancing the property's long-term value and potential. This is a rare opportunity to acquire a well-located, high-performing retail property in a growing market. The property is zoned for retail use.

Highlights

  • $1,200,000 asking price for this 8,428 square foot retail storefront.
  • Absolute NNN lease with a single tenant (Aaron's Furniture).
  • 100% occupancy with lease expiring March 2025; tenant may renew.
  • Located on 1.09 acres at 2920 Texoma Pkwy, Sherman, TX 75090, offering high visibility on a major thoroughfare near Highways 82 and 75.
  • Features a glass showroom and offices.

Property Details for 2920 Texoma Pkwy

Property type
Other retail properties, Individual retail properties
Square Feet
8,428 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
47,480 SF
Units
1

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6694393
Longitude
-96.5942796
2920 Texoma Pkwy, Sherman, Texas

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2920 Texoma Pkwy
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