Single-Tenant Office
For Sale
Contact for pricing
600 E Peyton St, Sherman, TX 75090
Single-tenant office building on 1.87 acres with a 15-year lease featuring an annual CPI escalator.
Property Size11,882 SF
Lot Size1.87 Acres
Price / SF$126.49
Days on Market584
Property Features for 600 E Peyton St
General Information
Standard status
Active
Size
11,882 SF
Lot size
1.87 Acres
Property subtype
OFFICE
Additional Details
Cap Rate
7.75%
Building Details
Tenancy
Single
Listing Agency:
SVN l EVTRS (EverTrust)
(877) 697-0830
Listed By:
Bruce Marshall · License ##218397
(214) 356-5662
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:36AM
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)
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Investment Insights
Based on property information with market context.
This single-tenant office building is offered for sale and is situated on 1.87 acres of land. The property is under a 15-year single-tenant lease with a minimum of 10 years remaining, and the lease includes an annual CPI increase escalator.
The building is located in the county seat in Sherman, Texas, at 600 E Peyton St.
The offering totals 11,882 square feet.
The building is located in the county seat in Sherman, Texas, at 600 E Peyton St.
The offering totals 11,882 square feet.
Key Highlights
- Single‑tenant office building on 1.87 acres
- 15‑year single tenant lease with a minimum of 10 years
- 7.75% cap rate, with annual CPI increase escalator
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office building on 1.87 acres with a 15-year lease featuring an annual CPI escalator.
Where is this office building located?
The property is located at 600 E Peyton St 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: Single‑tenant office building on 1.87 acres; 15‑year single tenant lease with a minimum of 10 years; 7.75% cap rate, with annual CPI increase escalator
