Property summary
This exceptional investment opportunity presents a 7,728-square-foot Class A medical office building in Sherman, Texas. The property, constructed in 2019, is situated on a 1.4-acre lot at 2500 Swamy Dr, 75090, and enjoys a prime location adjacent to Texoma Medical Center, a 414-bed acute care hospital. Currently 100% occupied under a 15-year net lease (NNN) with American Renal Associates (ARA), a subsidiary of Innovative Renal Care (IRC), a national dialysis services provider with over 200… clinics. The lease commenced September 12, 2020, and expires September 30, 2035, offering a remaining lease term of approximately 10.9 years. The lease includes 2% annual rent escalations and two 5-year options to renew at fair market value. ARA invested approximately $1 million in build-out, creating a state-of-the-art facility featuring 12 dialysis stations and one isolation room, with capacity for expansion. The property boasts a strong 6.50% cap rate and a net operating income (NOI) of $188,213, with an asking price of $2,900,000 ($375.26/SF). This offering provides a secure, long-term investment in a rapidly growing market, benefiting from significant recent investments in the Sherman area by companies like Texas Instruments and Globitech, and the absence of state income tax in Texas.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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