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Flex Space with Office Entrance
For Lease
$8,000/Mo

920 Heritage Pkwy, Sherman, TX 75092

Classrooms, kitchen, restrooms, and a separate entrance support office, manufacturing, or educational use.

Space SizeContact for details
Lot Size1.30 Acres
Days on Market82

Property Features for 920 Heritage Pkwy

General Information

Standard status Active
Lot size 1.30 Acres

Additional Details

Space Use Flex
Road Access Yes

Building Details

Year Built 1998
Listing Agency: Tracy Realty
Listed By: Tommi Sue Homuth · License #0623240
Source: Yourdavisteam
Added: Jul 27 Changed: Oct 9 Last Checked: Oct 15 at 2:44AM

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 Tracy Realty

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Investment Insights

Based on property information with market context.

This 8000-square-foot flex property, built in 1998, includes classroom areas, a kitchen, and restrooms. A dedicated entrance on the north side provides a separate access point for office or manufacturing operations. The existing layout also supports use as an educational center or office warehouse.

The property covers over 1.3 acres with frontage along Heritage Parkway in Sherman. New multifamily and single-family residential construction is nearby, along with major expansion projects involving Texas Instruments, Globitech, and Global Wafers. A storage unit facility is being developed behind the building with access off Quail Run Road.

Key Highlights

  • 8000‑square‑foot flex property built in 1998
  • Over 1.3 acres with Heritage Parkway frontage
  • Classroom areas, kitchen, and restrooms included

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply HVAC Service Pharmacy

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Sherman, TX

$9.66 /SF/Yr
Avg Asking Price
$3.52–$17 /SF/Yr
Price Range
10,676 SF
Avg Space Size

This space is priced 24% above the average of $9.66 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Feast On This! Catering — 1403 W Houston St, Sherman, TX 75092

Frequently Asked Questions

What type of property is this?
Flex space - Classrooms, kitchen, restrooms, and a separate entrance support office, manufacturing, or educational use.
Where is this flex space located?
The property is located at 920 Heritage Pkwy Sherman, TX.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 8000‑square‑foot flex property built in 1998; Over 1.3 acres with Heritage Parkway frontage; Classroom areas, kitchen, and restrooms included
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