NNN Conventional Restaurant
New
For Sale
$875,000
2124 Texoma Parkway, Sherman, TX 75090
Operating restaurant with an established tenant and a NNN lease structure already in place.
Property Size4,932 SF
Lot Size0.67 Acres
Price / SF$177.41
Days on Market2
Property Features for 2124 Texoma Parkway
General Information
Standard status
Active
Size
4,932 SF
Lot size
0.67 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
1973
Buildings
1
Listing Agency:
The Michael Group
(214) 692-6400
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 8:21AM
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 The Michael Group
Investment Insights
Based on property information with market context.
This 4,932-square-foot conventional restaurant property occupies ±0.67 acres in Sherman, Texas. The operating restaurant has a family-owned Tex-Mex concept that has been at this location since 1998, and the existing tenant intends to remain. The property is leased under a NNN structure, with roof and parking lot responsibilities identified for the landlord.
Recent capital work includes a new roof completed in 2023 and three new HVAC units totaling 20 tons, also installed in 2023. The property information also identifies cast iron plumbing replacement with PVC in 2026, along with ongoing parking lot maintenance and resurfacing. The building was constructed in 1973. Showings require an appointment through the showing service, and occupants are not to be disturbed.
Recent capital work includes a new roof completed in 2023 and three new HVAC units totaling 20 tons, also installed in 2023. The property information also identifies cast iron plumbing replacement with PVC in 2026, along with ongoing parking lot maintenance and resurfacing. The building was constructed in 1973. Showings require an appointment through the showing service, and occupants are not to be disturbed.
Key Highlights
- 4,932 SF restaurant building on ±0.67 acres
- NNN lease structure with an operating tenant in place
- Family‑owned Tex‑Mex concept operating at this location since 1998
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Under-served
Demand for This Use
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?
Conventional restaurant - Operating restaurant with an established tenant and a NNN lease structure already in place.
Where is this conventional restaurant 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: 4,932 SF restaurant building on ±0.67 acres; NNN lease structure with an operating tenant in place; Family‑owned Tex‑Mex concept operating at this location since 1998
