Listed by Structure Commercial
Undisclosed Rate
Texoma Place
Building Details
Property Type Retail, Office
Sub Type Traditional Office
Tenancy Single
Class B
Total Building SqFt 24,592
Vacant SqFt 12,000
Total Parking Spaces 25
Year Built 167
Spaces
Retail | Single tenant | 12,000 SqFt
Building description
- Qualified Opportunity Zone: Federal QOZ designation offers significant capital gains tax incentives for eligible investors Premier Location: Fronting Texoma Pkwy — Sherman’s highest-traffic corridor and primary retail destination for the broader Texoma market
- Diverse Tenant Mix: Stable, multi-tenant occupancy minimizes rollover risk and provides immediate cash flow
- High-Growth Submarket: Sherman-Denison is among the fastest expanding markets in North Texas, driven by Texas Instruments’ $30B chip manufacturing campus and accelerating population growth
- Repositioning Optionality: Three-parcel assemblage provides flexibility for phased lease-up, redevelopment, or long-term hold strategy
Building highlights
- 3-Building Office: 63% Occupancy| ~18,000 SF Available for Lease-Up
- Value-Add Opportunity: Lease-up of vacant space projected to drive NOI to $260,000+.
Listing Contacts
Listed by Structure Commercial
Property History
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