Sherman Social Security Office
For Sale
$1,503,000
600 East Peyton Street, Sherman, TX 75090
Class A office building leased to the GSA.
Property Size11,882 SF
Price / SF$126.49
Days on Market251
Property Features for 600 East Peyton Street
General Information
Standard status
Active
Size
11,882 SF
Property subtype
Office
Building Details
Year Built
2006
Listing Agency:
SVN l EVTRS (EverTrust)
(214) 356-5662
Listed By:
Bruce Marshall · License #TX #218397
(214) 356-5662
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 5:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN l EVTRS (EverTrust)
Investment Insights
Based on property information with market context.
The GSA Social Security Office in Sherman is a Class A office building constructed in 2006 as a build-to-suit for the SSA. The interiors feature heavy tile flooring with wood accent trim. A large, open floor-plan area provides an attractive workspace with GSA workstations. The property is well-landscaped with trees, shrubs, and grass. Site improvements include concrete sidewalks, a flagpole, and an irrigation system. An energy management system controls the HVAC and lighting systems. The property is situated on 1.87 acres of land. The Sherman Social Security Office is located approximately 60 miles north of Dallas, in Sherman, the county seat of Grayson County. Sherman is home to Austin College and several Fortune 100 Companies. Major employers in the community include Tyson's Foods, Texas Instruments, the technology company MEMC, and Kaiser Aluminum. The property has a 15-year single tenant lease with a minimum of 10 years remaining and generates $1,503,000 annually with a 7.75% cap rate and annual CPI increase escalator.
Key Highlights
- 15 Year Single Tenant Lease with minimum of 10 Years remaining provides stable, long‑term income.
- 7.75% Cap Rate** with annual CPI Increase Escalator offers a strong return on investment with potential for growth.
- Class A office building constructed in 2006 ensures modern construction and appeal.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building leased to the GSA.
Where is this office building located?
The property is located at 600 East Peyton Street Sherman, TX.
What is the asking price?
The asking price for this property is $1,503,000.
What are key features of this property?
This property features: 15 Year Single Tenant Lease with minimum of 10 Years remaining provides stable, long‑term income.; 7.75% Cap Rate** with annual CPI Increase Escalator offers a strong return on investment with potential for growth.; Class A office building constructed in 2006 ensures modern construction and appeal.
