1 of 19
$950,000
- 0.67 acre lot
2124 Texoma Parkway
View on mapAbout this home
Stable NNN Restaurant Investment – Long-Term Tenant in Place
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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
- Lot size
- 0.67 acres
- Year built
- 1973
- Property type
- Retail
- Status
- Active
- MLS number
- 21348527
Listing courtesy of The Michael Group
Office phone 214-692-6400
Estimated monthly cost
See this home in person
Times that work for you (up to three)
This is a request, not a confirmed appointment. QRE Team will confirm within 2 business hours.
Location
2124 Texoma Parkway
Facts and features
Lot
- Lot size
- 0.67 acres
Building
- Year built
- 1973
- Property type
- Retail
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