5629 Texoma Parkway

    Sherman, TX 75090
    • $995,000
    • STATUS: Active
    • ON SITE: 87 days
    • MLS #: 14122233
    UPDATED: 63 min ago
    $995,000
    • 0
      BEDS
    • 1.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Offered by Inder Sangha of Bryant Real Estate.

    Description

    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

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Good Home Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Good Home Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-09-21T10:41:27.88.
    www.thegoodhometeam.com/homes/96259603

    5629 Texoma Parkway Sherman, TX 75090

    • Price: $995,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 14122233
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.71
    Acres
    1985
    Built
    Neighborhood:
    Texoma
    County:
    Grayson
    Area:
    Grayson County
    Property Description
    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
    Exterior Features

    Construction BrickMetalStucco Construction Materials Walls OtherTexture Foundation Slab Parking Or Garage Common Lot Road Frontage Type U.S. Highway Roof MetalOther

    Interior Features

    Ceiling Height Other Commercial Features Computer ReadyInside StorageMulti-User Flooring CarpetCeramic TileConcrete Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 25000 Sq Ft Gross 25000 Sq Ft Leasable 25000

    Property Features

    Building Area Source Tax Building Use Beauty/BarberMedicalOfficeOffice/WarehouseOtherRestaurantRetail Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Land & Improvements Leasable Spaces 10 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 0 Possession Closing/Funding Property Type Com-Sale Tenant Pays ElectricWater Unexempt Taxes 13148 Utilities City SewerCity Water Will Subdivide Subdivided

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Good Home Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Good Home Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-09-21T10:41:27.88.
     
    The Good Home Team
    7965 Custer Rd, Ste 125
    Plano TX, 75025
    Offered by Inder Sangha of Bryant Real Estate.