2121 N Fm 1417, Sherman, TX 75092
sale
$2,695,000
|
Retail
Courtesy Of Ton Nu Group LLC, Listed By Anoo Sathappun
This multi-tenant retail property is located at hot location in Sherman, Texas. The property features 18,885 square feet of building space on 3.559 acres of land, with additional buildable land available behind the existing building. The property is currently occupied by a diverse mix of tenants including massage, bookkeeping, gas station, gold and silver shop, donut shop, pizza shops, and ice cream shop. The property is commercially zoned and allows for professional offices, salon suites, recreational facilities, gym, retail shops (except smoking or vape shops), shopping, cafe, restaurants, and other businesses. The property is anchored by Casey's General Stores convenience store and gas station, providing strong traffic and visibility. With a current pro-forma NOI potential of $265,226, this property offers significant value-add opportunity through leasing the vacant spaces. The property is diagonally located near Walmart Neighborhood Market, providing excellent co-tenancy and traffic generation.
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Property Features
- Age: 41-50 Years Old
- Building Units: 9
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Frame
- Exterior Type: Stucco
- Floor Covering: Concrete
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: WESTERN HILLS ADDN SEC 5, BLOCK PT 4, ADDL VA
- MLSID: 21294842
- Roof Type: Flat
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