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Property profile & analytics
OFF-MARKET
Neighborhood centers

5637 Texoma Pkwy Sherman, TX 75090

5,900 SF 0.73 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 5,900 square foot retail strip center, located at 5637 Texoma Parkway in Grayson County's Texas East submarket, presents a unique investment opportunity. Built in 1985 and classified as Class C, this two-story property sits on a 0.73-acre lot and offers ample parking for customers and employees. Currently, there is 6,267 square feet of retail space immediately available, making it ideal for a variety of uses, including restaurants. The property boasts 100% HVAC, ensuring year-round comfort for tenants and patrons. The strategic location within the Texas East Area submarket cluster provides excellent visibility and accessibility. This multi-tenant property offers a chance to establish a strong presence in a thriving commercial area. The available space is ready for immediate occupancy. Interested parties should inquire for lease rate information. This property represents a solid investment in a well-established retail corridor with significant potential for growth and return. The property's size and features make it an attractive option for businesses seeking a prominent location in a busy commercial area. The ample parking ensures convenient access for customers, while the modern HVAC system provides a comfortable environment. The immediate availability of the space allows for quick occupancy and a rapid start to operations.

Property profile
Verified
Property type Neighborhood centers
Year built 1985
Total area 5,900 SF
Lot 0.73 ac (31,799 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Two Brothers Hibachi Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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