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    2001 Loy Lake Rd Sherman, TX 75090

    For Lease
    Contact for pricing

    High-traffic retail space available in Sherman, TX.

    Lot size:
    35,661 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Loy Lake Plaza, located at 2001 Loy Lake Road in Sherman, Texas (zip code 75090), presents a compelling retail investment opportunity. This single-story, 35,661 square foot strip center boasts a prime location between Highway 75 and Texoma Parkway, ensuring high visibility and accessibility. Currently, 1,260 square feet of retail space is available, ideal for a variety of uses, including retail or office space. The plaza is professionally managed and leased, reflecting a commitment to maintaining a high-quality tenant mix. Its strategic location within Sherman places it amidst established national retailers, guaranteeing a strong customer base and significant foot traffic. The property's convenient access to major thoroughfares makes it an attractive destination for both shoppers and businesses. Grayson County's thriving economy further enhances the investment potential of this well-maintained retail center. The available space offers a chance to establish a presence in a bustling commercial area with excellent visibility and accessibility. This is an exceptional opportunity for businesses seeking a strategic location in a high-growth market.

    Property Features for 2001 Loy Lake Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,661 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    suite O
    Size
    1,260 SF

    HighLights

    • Loy Lake Plaza, a 35,661 SF single‑story retail center in Sherman, TX (75090), offers 1,260 SF of available retail/office space.
    • High‑traffic location between Highway 75 and Texoma Parkway provides excellent visibility and accessibility.
    • Prime location near established national retailers ensures strong customer base and foot traffic.
    • New development in the area and tenant improvement dollars are available.
    • Below‑market pricing offers a great value.
    • Professionally managed with a high‑quality tenant mix.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PerdueWorks Therapy Group Physical Therapy Clinic Early Childhood Intervention ... Occupational Therapist Jon A. Anders, OD Optometrist Texas State Health ... Government Office Ability Pilates & Yoga Pilates Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6044944
    Latitude
    33.6584984

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available in Sherman, TX.
    Where is this neighborhood center located?
    The property is located at 2001 Loy Lake Rd Sherman, TX.
    What are key features of this property?
    This property features: Loy Lake Plaza, a 35,661 SF single-story retail center in Sherman, TX (75090), offers 1,260 SF of available retail/office space.; High-traffic location between Highway 75 and Texoma Parkway provides excellent visibility and accessibility.; Prime location near established national retailers ensures strong customer base and foot traffic.
    Request Owner's contact information
    2001 Loy Lake Rd Sherman, TX 75090
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    Sherman, TX 75090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2001 Loy Lake Rd Sherman, TX 75090
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