5010 Texoma Pkwy, Sherman, TX 75090

Listing agent Teresa Baudino License #519899

Listing office Attlee Realty LLC

Listing date Jul 30, 2024

Source Crexi

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Overview

This express carwash is situated on 0.5733 acres in Sherman, TX, just north of DFW. The 2,700 sqft building benefits from a daily traffic count of 15,195. All site lighting was upgraded to LED in 2022. The carwash uses an ICS Carwash System. Sherman, Texas, has experienced growth in both population and economic activity. The population increased by 1.8% from 43,273 to 44,052. The mayor has indicated the population could double in the next five to ten years. The average household income within a 1-mile radius is $97,372. Sherman has emerged as a center for the semiconductor industry, attracting substantial investments from companies like GlobiTech and Texas Instruments to construct new facilities, which are projected to generate thousands of new jobs. Additionally, Sherman is located near entertainment projects, including a Margaritaville Resort and a Hard Rock Hotel at Lake Texoma. The property is priced at asset value. It is available for individual sale or as part of a 3-property portfolio with locations in Edmond, OK, and New Braunfels, TX.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Sherman

County

Grayson

State

Texas

Longitude

-96.5810643

Latitude

33.6890729

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FAQs

What type of property is this?

Car wash - Express carwash in Sherman, TX, near significant economic development.

Where is this car wash located?

The property is located at 5010 Texoma Pkwy Sherman, TX.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: High Traffic Count: 15,195 vehicles daily; Located in Sherman, TX, an area experiencing significant population and economic growth; Proximity to major economic investments, including the semiconductor industry (GlobiTech, Texas Instruments)