5629 Texoma Parkway

Estimated Monthly Payment: $4,537/mo 5629 Texoma Parkway, Sherman, TX 75090 MLS# 14122233 Commercial Listing Status: Pending
173
32
0
0

REMARKS:

Highly visible retail center approx. 25, 000 sqft center on busy Texoma Pkwy in Sherman, Texas; 95% leased at below market rates; Actual cap rate of 9% and Proforma cap rate of 10%.Complimentary mix of tenants: Allstate, Accountant, Bicycle shop, Vap shop, Natural Oils shop, Mexican Restaurant, Counselor, Furniture store etc. Please do not contact the tenants.All leases are mixed gross with tenant paying for their own electric; common water meter.Most leases have personal guarantees.Most of the HVAC units are new

OVERVIEW:

Commercial
Pending
GRAYSON AREA (37)
SHERMAN (0)
Texoma
1985
Brick, Metal, Stucco
Slab
1.71
1
Metal, Other
Central Air-Elec, Central Heat-Elec

FEATURES:

Carpet, Ceramic Tile, Concrete

FINANCIAL:

$995,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Inder Sangha, Bryant Real Estate

 

© 2019 North Texas Real Estate Information Systems, Inc. All rights reserved. Data Last Updated: 12/14/2019.

 

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Trinity Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.