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

2121 N Fm 1417, Sherman, TX 75092

COMMERCIAL - Sherman, TX

Space Size4,468 SF
Lot Size3.56 Acres
Days on Market86

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

Amenities

Signage available

Building Details

Year built 1983
Floors in Building 1
Number of units 9
Flooring type Vinyl, Concrete, Tile, Laminate, 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: Aug 4 Last Checked: Sep 1 at 8:06PM
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.

Fully finished medical office suite located on the building’s north east side, facing Lamberth Rd. Signage is available, and the suite is set up for medical office use. Vape shop is not allowed by the city.

The property sits at the intersection of FM 1417 and W Lamberth Road, in a retail and service-oriented setting with neighboring tenants including Pizza Inn, Momo Donuts, Acme Cleaners, Caseys, LeBlanc book Keeping, and Wellness massage, plus nearby businesses such as Domino's Pizza, a spa center, internal medicine, fitness centers, Taco shop, family vet clinic, vision center, computer center, family dental, and related services.

The suite is divisible up to 4,468 SF, and the lease list price excludes NNN. Parking is provided in a parking lot. Building features include central heating and central air with electric heating and electric cooling, public water, public sewer, and a roof with tile and flat components. Construction includes frame, concrete, and stucco, with flooring that includes carpet, concrete, vinyl, laminate, and tile. The building was constructed in 1983.

Key Highlights

  • Divisible up to 4,468 SF medical office suite
  • North east side suite facing Lamberth Rd
  • Signage available

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully finished medical office suite on the building’s north east side, facing Lamberth Rd, with signage available.
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: Divisible up to 4,468 SF medical office suite; North east side suite facing Lamberth Rd; Signage available
More about this property
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