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Richard Soto-Broker

Broker

  • Office 214-295-4888
  • Cell 214-675-6292
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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
  • AreaGRAYSON COUNTY (37)
  • SubdivisionTexoma
  • CitySherman
  • CountyGrayson
  • StateTX
  • Zip Code75090-2137

Amenities

  • UtilitiesCity Sewer, City Water
  • GaragesCommon Lot

Features

Computer Ready, Inside Storage, Multi-User

Interior

  • # of Stories1
  • Stories1

Heating

Central Air-Elec, Central Heat-Elec

Exterior

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

Additional Information

  • ZoningCOM

Listing Details

  • AgentInder Sangha
  • OfficeBryant Real Estate
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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on October 22nd, 2019 at 9:45am CDT.