About 2124 Texoma Parkway
Stable NNN Restaurant Investment – Long-Term Tenant in Place Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman. Property includes building and ±0.67 acres and is leased on a NNN structure, providing passive income with limited landlord obligations (roof and parking lot). Long-term tenant desires to remain, offering continued operational stability. Major capital improvements completed: · New roof (2023) · Three new HVAC units totaling 20 tons (2023) · Cast iron plumbing replaced with PVC (2026) · Ongoing parking lot maintenance and resurfacing Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant. Listing agent is a member of the LLC that owns the property. ***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED. No interaction with employees is allowed. To view, make appointment with showing service
Features of 2124 Texoma Parkway
| MLS® # | 21348527 |
|---|---|
| Price | $950,000 |
| Square Footage | 4,932 |
| Acres | 0.67 |
| Year Built | 1973 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 2124 Texoma Parkway |
|---|---|
| Subdivision | Sherman Bus Centerrp |
| City | Sherman |
| County | Grayson |
| State | Texas |
| Zip Code | 75090-2622 |
Amenities
| Utilities | Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Phone Available |
|---|---|
| Garages | Additional Parking, Asphalt, Gravel, Off Street, On Site, Parking Lot, Paved, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Description | Interior Lot, Landscaped, Level |
|---|---|
| Roof | Metal |
| Construction | Board & Batten Siding, Brick, Siding |
| Foundation | Slab |
Additional Information
| Zoning | COMMERCIAL |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tony Fortner |
|---|---|
| Office | The Michael Group |
| Contact Info | 214-724-8364 |