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    Sherman, TX
    Conventional Restaurant

    Sherman, TX Conventional Restaurants for Sale

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    Multi-Tenant Retail Center
    Updated: Aug 8
    Multi-Tenant Retail Center

    2121 N Fm 1417, Sherman, TX 75092

    $2,695,000
    18,885 sqft 3.56 AC lot
    18, 885 square feet of building space on 3.559 acres
    Additional buildable land behind the existing building
    Retail zoning allows offices, salons, gyms, restaurants, cafes, and shopping
    Tenant mix includes food, service, retail, automotive, and convenience uses
    Casey's General Stores convenience store and gas station on site
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    This listing looks promising.

    Here's a quick look at some key insights for

    2121 N Fm 1417, Sherman, TX 75092

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $98K
      Annual

    • Mortgage

      $2.12M
      Jul 2022

    • Property Type

      Commercial (General)
      Built 1983
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    Historic Three-Story Retail Building with Elevator
    Updated: Jun 30
    Historic Three-Story Retail Building with Elevator

    115 S Travis Street, Sherman, TX 75090

    $2,200,000
    0.47 AC lot
    Three floors plus elevator for flexible tenant layout
    Built in 1870 with original metal tile ceilings
    Brick construction with concrete flooring
    Central heating and central air with natural gas and electric
    Parking behind the building with on street, off street, assigned, parking lot, and alley access
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    NNN Restaurant Property
    NNN Restaurant Property

    2124 Texoma Parkway, Sherman, TX 75090

    $950,000
    0.67 AC lot

    Operating restaurant with NNN lease structure and recent roof and HVAC upgrades.

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    Renovated Drive-Through Restaurant
    Renovated Drive-Through Restaurant

    900 N Broughton Street, Sherman, TX 75090

    $549,000
    0.39 AC lot

    Freestanding restaurant property with patio space, storage, and updated building systems.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    NNN Conventional Restaurant Property
    NNN Conventional Restaurant Property

    2124 Texoma Parkway, Sherman, TX 75090

    $950,000
    4,932 sqft 0.67 AC lot

    Operating restaurant with an established tenant and a NNN lease structure already in place.

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    NNN Restaurant Investment Opportunity
    NNN Restaurant Investment Opportunity

    2124 Texoma Pkwy, Sherman, TX 75090

    Contact for pricing
    5,118 sqft 0.74 AC lot

    Single-tenant NNN restaurant property with long-term tenant.

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    Mixed-Use Retail Development Site
    Mixed-Use Retail Development Site

    3200 US-75, Sherman, TX 75090

    Contact for pricing
    1.21 AC lot

    A 1.21-acre mixed-use development site with newly opened medical offices and existing fast food.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Kitchen-Ready Space
    Restaurant Building with Kitchen-Ready Space

    400 N Houston Avenue, Pottsboro, TX 75021

    $1,400,000
    0.42 AC lot

    Dining, bar, and kitchen-ready restaurant space with additional flexible rooms on a 0.416-acre lot.

    View details
    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    321-317 W Fm 120, Pottsboro, TX 75076

    $399,000

    Restaurant fixtures and a separately leased insurance office support the property’s mixed-use configuration.

    View details
    Freestanding Restaurant with NNN Lease
    Freestanding Restaurant with NNN Lease

    211 N US Highway 75, Denison, TX 75020

    Contact for pricing
    3,678 sqft

    Freestanding restaurant property is offered for sale with a NNN lease structure.

    View details
    Freestanding Restaurant in Growing Denison
    Freestanding Restaurant in Growing Denison

    211 N Hwy 75, Denison, TX 75020

    Contact for pricing
    3,678 sqft

    Restaurant for sale in rapidly growing Denison, Texas.

    View details

    Sherman, TX Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Sherman, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 28,935 square feet of properties for sale, with an estimated market value of $7,344,000.

    Sale prices for conventional restaurants in Sherman, TX start at $549,000, averaging $1,468,800, and reaching up to $2,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 9
    Coffee shops 2
    Drive through restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +9.1%
    Median Household Income $62,961
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Sherman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75090 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $49.33 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherman fall within the 25,000 to 50,000 square foot range.

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