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Strip Center with Great Visibility
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4520 Texoma Parkway, Sherman, TX 75090

Multi-tenant strip center with four spaces available for lease and a large vacant area, next door to Midway Mall.

Property SizeContact for details
Days on Market135

Property Features for 4520 Texoma Parkway

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Caprice Michelle LLC
Listed By: Caprice Michelle · License #TX 9004701
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 7:33AM

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 Caprice Michelle LLC

Investment Insights

Based on property information with market context.

This strip center is a multi-tenant investment property with four spaces available for lease. Public remarks note a vacant area totaling 3,958 SF, and that tenants are responsible for electric and water.

The property is described as being in a high-traffic location with great visibility at 4520 Texoma Parkway in Sherman, Texas. The center is listed as next door to Midway Mall.

Per the public remarks, the property includes two parcels and had taxes of $17,986.00 for 2016. Reported income is $106,229.40, less taxes and $17,878 insurance. Buyers and buyer’s agent should verify all information prior to executing a contract.

Key Highlights

  • Multi‑tenant strip center in Sherman, TX next door to Midway Mall
  • 4 spaces available for lease
  • Large vacant area totaling 3,958 SF

Property Analytics

Current Use

Natural Bundle Zone ... (Bike/Boat/Book/etc) Store D Master Jeweler (Bike/Boat/Book/etc) Store Lacies Bar& Girll Clothing & Fashion Store Psychic Lila King Spiritual Center Busy Bee Nutrition Restaurant

Suggested Use

Top Pick Plumbing Service Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

250
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant strip center with four spaces available for lease and a large vacant area, next door to Midway Mall.
Where is this strip mall located?
The property is located at 4520 Texoma Parkway Sherman, TX.
What are key features of this property?
This property features: Multi‑tenant strip center in Sherman, TX next door to Midway Mall; 4 spaces available for lease; Large vacant area totaling 3,958 SF
(214) 789-7364 Call to check price and availability
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