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Finished Medical Office Suite
For Lease
$12 SF/Yr CAM $9 /USD/SF/YR

2121 N Fm 1417, Sherman, TX 75092

CommercialLease, Sherman, TX

Space Size4,468 SF
Lot Size3.56 Acres
Days on Market93

Property Features for 2121 N Fm 1417

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Retail
Parking features Parking Lot
Subdivision Western Hills Add Sec 5
Lot features Corner Lot
Directions Go towards north in US 75 , go towards west in Lamberth Rd untill N heritage Pkwy, the property is on the left.
Standard status Active
APN 155709
Size 18,885 SF
Lot size 3.56 Acres

Taxes and HOA fees

Tax Description WESTERN HILLS ADDN SEC 5, BLOCK PT 4, ADDL VA
Legal Description WESTERN HILLS ADDN SEC 5, BLOCK PT 4, ADDL VA

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

Signage available

Building Details

Year built 1983
Floors in Building 1
Number of units 9
Flooring type Laminate, Vinyl, Concrete, Tile, Carpet
Building materials Frame, Concrete, Stucco
Roof type Tile, Flat
Listing Agency: Redbud Offices LLC
Listed By: Anoo Sathappun · License #0635204
Added: Jun 8 Changed: Sep 4 Last Checked: Sep 8 at 6:06AM
MLS# 20604293

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office suite is finished for professional healthcare use and occupies the northeast side of the building with exposure toward W Lamberth Road. The property contains 18,885 square feet on 3.56 acres, with laminate, vinyl, concrete, tile, and carpet flooring across the improvements. Central air and electric heating support the building, which was constructed in 1983 and includes frame, concrete, and stucco construction.

The property sits at FM 1417 and W Lamberth Road in Sherman, diagonally from Walmart. Existing neighboring businesses include Pizza Inn, Momo Donuts, Acme Cleaners, Casey's, LeBlanc Book Keeping, and Wellness Massage. Additional nearby commercial uses include restaurants, medical practices, fitness centers, dental and vision services, a veterinary clinic, and other service businesses. Exterior signage is available, and public water and sewer serve the property.

Key Highlights

  • Medical office suite on the northeast side of the building facing W Lamberth Road
  • Divisible space up to 4,468 SF within an 18,885‑square‑foot property
  • 3.56‑acre property at FM 1417 and W Lamberth Road

Property Analytics

Current Use

Total Health Chiropractic ... Alternative Medicine Practice Casey's Take-out & Catering Acme Cleaners (Bike/Boat/Book/etc) Store Momo's Donuts Bakery MAXIM Salon and Spa Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value

Market

Lease Benchmarks for Sherman, TX

$17.13 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
11,334 SF
Avg Space Size

This space is priced 30% below the average of $17.13 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Mc Conkey Doug DVM 2013 fm1417, sherman, tx 75092
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Northeast-facing medical office space offers signage and proximity to Walmart and established neighboring businesses.
Where is this medical office space located?
The property is located at 2121 N Fm 1417 Sherman, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Medical office suite on the northeast side of the building facing W Lamberth Road; Divisible space up to 4,468 SF within an 18,885‑square‑foot property; 3.56‑acre property at FM 1417 and W Lamberth Road
More about this property
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