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    200 Travis St Sherman, TX 75090

    For Lease
    $18 SF/Yr

    Prime Office Space, 7 Suites Available

    Lot size:
    66,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Class B commercial property, located at 200 N Travis St in Sherman, Texas, offers 66,000 square feet of versatile office and retail space. Currently, there are seven available executive office suites ranging from a minimum of 165 square feet to a maximum contiguous space of 1,019 square feet, with a total of 3,049 square feet currently vacant. The building sits on a 1.35-acre lot in Grayson County (zip code 75090) and boasts convenient parking and expansive city views. The property features a welcoming foyer and a professional directory for guests. Leases are full-service, encompassing utilities and janitorial services, providing a truly turnkey office solution. The building's location in downtown Sherman offers significant advantages, particularly given the substantial recent private tech investment in the area, including projects by Texas Instruments and GlobiTech. This presents a unique opportunity for businesses seeking a prestigious and convenient location in a thriving Texas city. The building is ideal for single-office businesses or those needing space up to 747 square feet. This is a multi-tenant building with a variety of suite sizes to accommodate different business needs.

    Property Features for 200 Travis St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,000 SF
    Class
    B
    Total Rate
    99000

    Unit(s) available at that property

    Space
    Suite 304
    Size
    747 SF
    Rate per SF
    $18
    Space
    Suite 300/304
    Size
    1,019 SF
    Rate per SF
    $18
    Space
    Suite 402
    Size
    351 SF
    Rate per SF
    $18
    Space
    Suite 405
    Size
    166 SF
    Rate per SF
    $22
    Space
    Suite 406
    Size
    165 SF
    Rate per SF
    $22
    Space
    Suite 300
    Size
    272 SF
    Rate per SF
    $22
    Space
    Suite 419
    Size
    329 SF
    Rate per SF
    $22

    HighLights

    • 66,000 square foot Class B office building.
    • Approximately 3,049 square feet of office suites available, ranging from 129 to 1,062 square feet.
    • Full‑service lease rates from $18 to $22 per square foot.
    • Located in downtown Sherman, Texas, offering ample private parking and street parking.
    • Features a renovated foyer and excellent city views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Derrick Nunn: Chase ... Mortgage Lender 4 Church Non-Profit Organization Teague Nall & Perkins Engineering Consultant Cross Robert M ... Psychologist Quality Home Health ... Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6100022
    Latitude
    33.637669

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    FAQs

    What type of property is this?
    Individual retail property - Prime Office Space, 7 Suites Available
    Where is this individual retail property located?
    The property is located at 200 Travis St Sherman, TX.
    What is the lease rate?
    The lease rate is $18-$22 SF/Yr.
    What are key features of this property?
    This property features: 66,000 square foot Class B office building.; Approximately 3,049 square feet of office suites available, ranging from 129 to 1,062 square feet.; Full-service lease rates from $18 to $22 per square foot.
    Request Owner's contact information
    200 Travis St 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
    200 Travis St Sherman, TX 75090
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