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Single-Tenant Drive-Through NNN Retail
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723 E Taylor St, Sherman, TX 75090

Brand-new single-tenant NNN retail with drive-thru and rent already commenced under a 10-year lease.

Property SizeContact for details
Days on Market124

Property Features for 723 E Taylor St

General Information

Standard status Active
Property subtype Retail
Listing Agency: J. Elmer Turner
Listed By: Logan Turner · License #681322
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:44AM

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 J. Elmer Turner

Investment Insights

Based on property information with market context.

This brand-new construction single-tenant triple-net leased retail property is equipped with a drive-thru. The asset is under a signed 10-year lease with four (4) five-year renewal options at market rental rates, and rent has already commenced. Construction is stated to be complete by the end of 2022.

The current tenant is HTeaO, which began in 2009 and has grown to an 82-unit chain. The company sells 27 flavors of fresh-brewed iced tea, along with packaged tea and ancillary items including Yeti products, water, ice, and apparel.

Located at 723 E Taylor St in Sherman, Texas, this drive-thru NNN structure is designed for long-term single-tenant occupancy under the existing lease terms.

Key Highlights

  • Brand‑new single‑tenant retail property with triple‑net (NNN) lease and drive‑thru
  • 10‑year lease in place with four (4) five‑year renewal options at market rental rates
  • Construction to be complete by end of 2022; rent has commenced

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Garden Center HVAC Service Veterinary Clinic Carpet & Flooring Store Cafe & Coffee Shop

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

915
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?
Retail space - Brand-new single-tenant NNN retail with drive-thru and rent already commenced under a 10-year lease.
Where is this retail space located?
The property is located at 723 E Taylor St Sherman, TX.
What are key features of this property?
This property features: Brand‑new single‑tenant retail property with triple‑net (NNN) lease and drive‑thru; 10‑year lease in place with four (4) five‑year renewal options at market rental rates; Construction to be complete by end of 2022; rent has commenced
(214) 954-1221 Call to check price and availability
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