NNN Restaurant
New
For Sale
$875,000
2124 Texoma Parkway, Sherman, TX 75090
SINGLE_FAMILY - Sherman, TX
Property SizeContact for details
Lot Size0.67 Acres
Days on Market2
Property Features for 2124 Texoma Parkway
General Information
Property type
Residential
Property subtype
Retail
Zoning description
COMMERCIAL
Parking features
Parking Lot, Off Street
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
Sherman Bus Centerrp
Lot features
Interior Lot, Landscaped, Level
Directions
From the North, go south on 75 to Hwy 82. Go east and exit Texoma Pkwy and go south. Go through Peyton St intersection, then Property is on your right Coming from the south, go North on 75 and exit Texoma Pkwy and go North, past E. Taylor St. It will be on your left. Make a U-turn at Peyton St.
Standard status
Active
APN
156862
Lot size
0.67 Acres
Taxes and HOA fees
Tax Description
SHERMAN BUSINESS CENTER(RP), BLOCK 5, LOT PT
Tax Annual Amount
12776
Legal Description
SHERMAN BUSINESS CENTER(RP), BLOCK 5, LOT PT
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Multi Units, Electric, Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Number of units
1
Flooring type
Carpet, Concrete, Tile
Building materials
BoardAndBattenSiding, Brick
Roof type
Metal
Listing Agency:
The Michael Group
(214) 692-6400
Listed By:
Tony Fortner
(214) 692-6400
Added: Aug 3
Last Checked: Aug 4 at 6:06PM
MLS# 21348527
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Investment Insights
Based on property information with market context.
This 1973 restaurant property occupies approximately 0.67 acres at 2124 Texoma Parkway in Sherman. The asset is leased under an NNN structure to a long-term restaurant tenant that has operated at the location since 1998. The building features board-and-batten siding, brick, carpet, concrete, and tile finishes, with central heating, natural gas, multiple electric HVAC units, central air, and ceiling fans.
Recent capital work includes a metal roof installed in 2023, three new HVAC units totaling 20 tons in 2023, and replacement of cast iron plumbing with PVC in 2026. The site includes an off-street parking lot, ongoing parking lot maintenance and resurfacing, public water and sewer, and an accessible approach with ramp. Landlord obligations under the lease are limited to the roof and parking lot. Showings require an appointment, and occupants must not be disturbed.
Recent capital work includes a metal roof installed in 2023, three new HVAC units totaling 20 tons in 2023, and replacement of cast iron plumbing with PVC in 2026. The site includes an off-street parking lot, ongoing parking lot maintenance and resurfacing, public water and sewer, and an accessible approach with ramp. Landlord obligations under the lease are limited to the roof and parking lot. Showings require an appointment, and occupants must not be disturbed.
Key Highlights
- NNN lease structure with long‑term restaurant tenant in place since 1998
- 0.67‑acre restaurant property at 2124 Texoma Parkway, Sherman, TX 75090
- New metal roof installed in 2023
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 75090, TX
25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Operating restaurant with NNN lease structure and recent roof and HVAC upgrades.
Where is this nnn property located?
The property is located at 2124 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: NNN lease structure with long‑term restaurant tenant in place since 1998; 0.67‑acre restaurant property at 2124 Texoma Parkway, Sherman, TX 75090; New metal roof installed in 2023
