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NNN Restaurant Property
For Sale
$950,000

2124 Texoma Parkway, Sherman, TX 75090

CommercialSale, Sherman, TX

Property SizeContact for details
Lot Size0.67 Acres
Days on Market29

Property Features for 2124 Texoma Parkway

General Information

Property type Commercial Sale
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 Ceiling Fan(s), Central Air, Electric, Multi Units
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile, Concrete
Building materials BoardAndBattenSiding, Brick
Roof type Metal
Listing Agency: The Michael Group
Listed By: Tony Fortner · License #0395080
Added: Aug 3 Changed: Aug 26 Last Checked: Aug 31 at 4:06PM
MLS# 21348527

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 NNN restaurant property includes the building and approximately 0.67 acres. A family-owned Tex-Mex restaurant has operated at the site since 1998, and the existing tenant intends to continue occupying the property. The facility includes carpet, tile, and concrete flooring, central heating and air conditioning, natural gas service, a metal roof, and board-and-batten and brick exterior materials.

Recent capital work includes a new roof and three HVAC units totaling 20 tons, both completed in 2023. Cast iron plumbing was replaced with PVC in 2026. The property also offers a parking lot, off-street parking, an accessible approach with ramp, public water, and public sewer. Under the NNN lease structure, landlord responsibilities are identified as the roof and parking lot, with ongoing parking lot maintenance and resurfacing noted.

Key Highlights

  • NNN lease structure with landlord responsibilities identified as roof and parking lot
  • Restaurant building on approximately 0.67 acres
  • Family‑owned Tex‑Mex restaurant operating at the site since 1998

Property Analytics

Current Use

La Mesa Mexican ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Locksmith Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant asset with an established occupant and landlord responsibilities limited under the NNN lease structure.
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 $950,000.
What are key features of this property?
This property features: NNN lease structure with landlord responsibilities identified as roof and parking lot; Restaurant building on approximately 0.67 acres; Family‑owned Tex‑Mex restaurant operating at the site since 1998
More about this property
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