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Richard Soto-Broker


  • Office 214-295-4888
  • Cell 214-675-6292

5629 Texoma Parkway, Sherman, TX – $995,000

  • $995k Price
  • 1.71 Acres
  • $995k Price
  • 1.71 Acres

5629 Texoma Parkway

Highly visible retail center approx. 25,000 sqft center on busy Texoma Pkwy in Sherman, Texas; 95% leased at below market rates; Actual cap rate of 9% and Proforma cap rate of 10%. Complimentary mix of tenants: Allstate, Accountant, Bicycle shop, Vap shop, Natural Oils shop, Mexican Restaurant, Counselor, Furniture store etc. Please do not contact the tenants. All leases are mixed gross with tenant paying for their own electric; common water meter. Most leases have personal guarantees. Most of the HVAC units are new

Essential Information

  • MLS® #14122233
  • Price$995,000
  • Bathrooms0.00
  • Acres1.71
  • Year Built1985
  • TypeCommercial
  • Sub-TypeSale
  • StatusActive

Community Information

  • Address5629 Texoma Parkway
  • SubdivisionTexoma
  • CitySherman
  • CountyGrayson
  • StateTX
  • Zip Code75090-2137


  • UtilitiesCity Sewer, City Water
  • GaragesCommon Lot


Computer Ready, Inside Storage, Multi-User


  • # of Stories1
  • Stories1


Central Air-Elec, Central Heat-Elec


  • RoofMetal, Other Roof
  • ConstructionBrick, Metal, Stucco
  • FoundationSlab

Additional Information

  • ZoningCOM

Listing Details

  • AgentInder Sangha
  • OfficeBryant Real Estate
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Listing information last updated on October 22nd, 2019 at 9:45am CDT.